Howdens knows what it stands for: to help our trade customers achieve exceptional results for their customers and to profit from doing so. When our customers succeed, we succeed.
(includes 25 French and 2 Belgian depots)
profit before tax (2018: £239m)
revenue (2018: £1.5bn)
UK's Number 1 Trade Kitchen Supplier
|£m unless stated||FY17||FY18||FY19|
|Continuing operations (before exceptional items)|
|Revenue - Group||1,403.8||1,511.3||1,583.6|
|Revenue - UK depots||1,372.0||1,477.3||1,550.3|
|Profit before tax||232.2||238.5||260.7|
|Basic earnings per share||29.9p||31.3p||35.0|
|Dividend per share||11.1p||11.6p||13.0p|
|Net cash at year-end||241.1||231.3||267.4|
|Number of depots (UK)||661||694||732|
Howdens is focused solely on the small builder and everything the business does is geared towards making the builder's life easier. Howdens offers builders a relevant, well-designed, high-quality range of kitchens, together with appliances, joinery, flooring and hardware, via trade-only depots that are always in stock. The builder benefits from a confidential discount and good credit terms that allow him to manage his business and determine an appropriate margin for each job he undertakes.
Each of our local depots are dedicated to helping local tradespeople build their businesses. The depot manager’s autonomy is a key element of Howdens’ business model. Depot managers hire their own staff, do their own local marketing, set local pricing, manage the level of discount applied to their account holders and manage their own stock levels to suit their own local customers.
Institutional investors and analysts should contact:
Head of Investor Relations
Howden Joinery Group Plc
40 Portman Square
Tel: 020 7535 1164
Email: [email protected]