Company
Howden Joinery Group
LON:HWDN
Despite its scale, Howdens remains a local business with traditional values. We are a trade only business that has been selling to trade professionals since 1995. There are over 600 Howdens Joinery depots supplying over 365,000 inspirational kitchens each year to homes in the UK. In each depot, the business is an integral part of the local community. Our customers are local trade professionals, who need trusted suppliers to support their businesses. We support them with high quality products, local customer accounts, immediate availability of products, and CAD planning services. Our range is the UK's largest from stock, which means that your trade professional can collect exactly what he needs, when he needs it, to create your dream kitchen.
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Howden Joinery expects full-year profits to top consensus
In a trading update to 29 October, the UK's largest specialist trade kitchen supplier said trading had remained strong since the half-year with 6.6% year-on-year revenue growth in the UK depots
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Howden Joinery to maintain its share gains, according to broker
The pricing mix has improved due to more expensive kitchens being sold
Howden’s price target topped up by Deutsche Bank
The investment bank recommends investors to 'buy' the company's shares
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Howden Joinery upgraded as trading expected to remain elevated
The group is expected to release a trading update on 4 November
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Howden Joinery ups profit forecast to £300mln as building supplies boom
Interim revenues to end June rose to £785mln against £465mln a year ago
Howden Joinery is cooking with gas, says Credit Suisse
The investment bank said it expected the kitchen and joinery products group to “continue to take [market] share" in the longer term, supported by its "simple and differentiated business model”
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Howden Joinery posts much improved revenues UK thanks to increases in prices and volume growth
Quarterly sales were up compared to both 2020, when the first lockdown hit, and 2019
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Howden Joinery remains cautious about underlying market conditions
The company says customers are leery of allowing tradespeople into their homes under the current lockdown.
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Howden Joinery raises profit forecast again
The firm continues to enjoy high demand for home renovations
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Howden Joinery upgrades profit expectations after continued strong trading
The firm experienced a strong autumn peak trading period due to pent up demand since lockdown and a high level of stock availability
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Howden Joinery mulls dividend payments next year after strong autumn peak trading period
Total revenue in the year to date to October 31 was up 8% compared to 2019
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FTSE 100 closes in red Thursday as ECB update underwhelms
There were mixed messages in Mario Draghi's update on Thursday
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Day ahead preview: Unilever, National Express, Diageo, ECB
With a slew of corporate earnings and the European Central Bank's policy decision, Thursday will be a busy day of news
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ITV investors hope for Love Island boost amid tough ad market
The week ahead includes updates from ITV, Unilever, Rightmove, Diageo, Marston's, IG Group, National Express, GSK and AstraZeneca
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FTSE 100 closes in the red after BoE keeps interest rates on hold
The UK blue-chip index finished down nearly 34 at 7,351, while its mid-cap cousin FTSE 250 lost over 127 points
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Bank of England rates decision to take macro spotlight on ‘Super Thursday’
On the corporate front there will be another big batch of blue-chip updates to digest, notably from oil major Shell and banking giant Lloyds
FTSE 100 closes lower as Chinese data dents sentiment
The UK's premier share index closed down around 32 points at 7,074
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IAG, Rolls Royce and British American Tobacco on the agenda for busy blue chip Thursday
Its set to be a busy day for blue-chip news in London on Thursday.
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Howden Joinery gains as it flags up good trading performance in important October/November period
The fitted kitchens manufacturer said total revenue from its UK depots' increased by 7.5% in the period from 17 June 2018 to 3 November 2018, with a 6.1% rise on a like-for-like basis
Investments and investor services
J Sainsbury and retailers to be among highlights amid busy Thursday schedule
Sainsbury, Superdry and Burberry are among the names in the diary for Thursday.
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Trump mid-term test and US rate decision to give week ahead a Trans-Atlantic twist
Aside from the US elections and Fed policy meeting, updates from UK blue-chip retailers J Sainsbury, Wm Morrison Supermarkets and Marks & Spencer should draw the most attention in the coming week
Howden's 2018 share price surge prompts downgrade to 'hold'
Numis likes the company and this morning's interims, but says the share price is now up with events; not so, counters Liberum, which thinks the group is undervalued because of nerves over consumer sentiment
Howden Joinery sees profit-taking after margin wobble
The gross profit margin was hit by lower prices after the first quarter of last year as a result of head office giving depots more flexibility with margins. "While we did not increase prices at the beginning of this year, we did implement a
FTSE 100 keeps head above water at close: Facebook in focus
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
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Blue-chip deluge on Thursday with Royal Dutch Shell, AstraZeneca and Diageo (and more) set to report
Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
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Apres moi le deluge: Flood of blue chip results to dominate in coming week, including BT Group
Over the five sessions in the Week Ahead, around 20% of the FTSE 100 index will report results or issue a trading update, with about half that number due on Thursday alone
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Howden Joinery shares rise as revenue jumps in first part of 2018
The company said in a trading update that UK revenues had increased 14.8% overall and 13.3% on a same depot basis since the equivalent periods last year
Investments and investor services
FTSE 100 rises for fifth session a row, buoyed by miners
The FTSE 100 continued higher on Wednesday, extending the week's winning streak.
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Hong Kong loan growth, US interest rate rises expected to lift Standard Chartered profit
Day ahead includes updates from FTSE 100 lender Standard Chartered PLC, drugs firm indivior PLC, plus the latest Federal Reserve interest rate decision
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Asia to drive quarterly earnings growth at HSBC and Standard Chartered
Another busy week of earnings from FTSE 350 companies awaits
Investments and investor services
Markets nervous ahead of Capita finals, is it ‘the next Carillion’?
Capita will be a focus on Thursday, others include Bovis House, Cobham, and National Express.
Investments and investor services
FTSE 100 closes firmly lower on chilly Wednesday with ITV the big switch-off
The Footsie may have mainly traded sideways throughout the day but there have been some notable movements among blue-chips.
Builders and building materials
Grafton's non-reliance on the UK a boon in Berenberg's eyes
The same can't be said for Travis Perkins, which is downgraded to 'hold', and Howden Joinery, which is left on 'hold', as both will be hampered by a flat UK market
FTSE 100 finishes a whisker from record high as BoE points to gradual rate hike
The FTSE 100 closed out Thursday up around 67 points at 7,555.
Can Shell get as good a reaction as BP Plc when it reports on Thursday?
Shell is due to release interim results on Thursday, but, will there be much to shout about.
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Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell
FTSE 100 ends almost 57 higher buoyed by retailers
London markets started the day on the front foot and haven't looked back ...
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Dependably dull Unilever versus off-the-wall Sports Direct
Can the supertanker Unilever ride the crest of a wave? Can a Newcastle United owner change his stripes?
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Unilever results to illustrate strategy review boosts; investors looking for Vodafone improvements
Week Ahead: Unilever PLC, Vodafone PLC, easyJet PLC, Sports Direct PLC, Royal Mail Group PLC ...
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HSBC may struggle to match rivals
HSBC is the last of the big four banks to report with more uncertainty over the outcome than for its UK-centric rivals.
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BHP Billiton and banks dominate big week for blue chips
Week ahead: Huge for blue chip announcements with four high street banks, the UK’s two pharma giants, mining titans Anglo and BHP and restaurant to coffee chain Whitbread just a few of those updating.
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City broker bemoans “dull outlook” for Howden Joinery
Peel Hunt was impressed with the kitchen supplier’s performance last year but sees no value in the stock given the recent share price surge
FTSE ends lower as Wall St adds to ex-divi stock blues
With around half-an-hour of trading to go in London, the FTSE100 index was almost 20 points lower at 7,282, the day’s worst levels, well below an earlier peak of 7,310.
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Barclays next in to bat as banking results season continues
Will Barclays' results be duff, like HSBC's, or buff, like Lloyds'?
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Week ahead: Housebuilders and banks dominate agenda with slew of earnings
Housebuilders and banks will take centre stage with a slew of London-listed corporate earnings to be published.
Morrison’s to put UK supermarkets under spotlight
Themes of interest are how the turnaround is going and what is the impact of the weaker pound
Week Ahead: BP and Shell in clash of the titans
BP & Shell are both issuing interims on Tuesday - about as likely as Taylor Swift and Katy Perry performing a duet together
PREVIEW; GameAccount Network needs more landmark deals
Other companies reporting include Lloyds Banking, Taylor Wimpey and WPP
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Beaufort Securities Breakfast Alert Lloyds Banking Group, Merlin Entertainments, RSA Insurance Group, Howden Joinery
Market opening: The FTSE-100 is expected to start this morning's session around 38-points higher.