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Howden Joinery backs outlook amid broad-based kitchen sales growth

ALN

Howden Joinery Group PLC on Thursday said it remains on track and expects to deliver pretax profit in line with current market expectations, despite a ‘challenging’ market.

The London-based kitchen and hardware supplier said group sales have risen 2.8% since half-year results which covered the period to June 14, and by 3.0% year-to-date. Howden’s financial year runs to the last Saturday in December.

UK sales rose 2.4% in periods 7 to 11, taking year-to-date growth to 2.7%, while International revenue jumped 15%, or by 13% in 2025 so far.

On a same depot basis, group revenue rose 1.4% in periods 7 to 11, with UK sales up 1.1% and International up 9.3%, with gains in both price and volume.

Record sales were achieved during the peak trading period in the UK which ended on November 1, the firm said, with £8 million of incremental sales booked on the final day to be recognised in period 12.

This improves the growth rate to 3.1% in the UK and 3.5% for the group, consistent with the run rate in the first half, Howden said.

Chief Executive Andrew Livingston said: ‘Growth in kitchens was achieved across all price levels with our ’Good’ and ’Better’ ranges benefiting from product innovation. Our ’Best’ kitchens made significant progress with new product range launches, supported by our solid work surface and paint-to-order offerings, proving very popular.’

Despite a ‘challenging’ market, Livingston said Howden remains ‘on track’ with the outlook for 2025 and expect to deliver group pretax profit in line with current market expectations of £331 million.

In 2024, Howden reported pretax profit of £328.1 million.

Shares in Howden Joinery were down 3.9% at 837.50 pence each in London on Thursday morning.

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