Howden Joinery Group plc (LSE:HWDN) has reported continued trading strength and reaffirmed its outlook for 2025, with group sales rising 2.8% year-on-year. The company achieved record revenues during its peak trading season, supported by a broad product offering and a strong customer service network. International operations also performed well, posting a 14.7% increase in sales, underscoring the success of Howdens’ trade-focused business model. Management remains confident in meeting full-year profit expectations, citing ongoing strategic investments and innovation across its kitchen and joinery ranges.
The company’s robust financial position and disciplined cash management continue to underpin its outlook. While short-term technical indicators suggest potential overbought conditions, valuation remains fair with a moderate price-to-earnings ratio and a healthy dividend yield. Recent commentary from its earnings call pointed to strong top-line growth alongside some cost pressures, resulting in an overall balanced view of near-term prospects.
More about Howden Joinery
Howden Joinery Group plc is the UK’s largest supplier of trade kitchens, offering a wide selection of kitchens, joinery, and related products designed for local builders and trade professionals. The company operates major manufacturing sites in Runcorn, Cheshire, and Howden, East Yorkshire. At the end of 2024, Howdens managed 869 depots across the UK, along with an expanding presence in France, Belgium, and the Republic of Ireland.
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