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Howden Joinery hails ‘near-sourced’ supply chain amid Iran war issues

ALN

Howden Joinery Group PLC on Tuesday reported steady sales growth in the first four months of 2026, saying its ‘near-sourced’ supply chain is not being affected by US-Israeli war on Iran.

The kitchen and joinery supplier said underlying revenue growth in the 16 weeks that ended April 18 was 3.7% on a year before, comprised of 3.5% in the UK and 9.1% in the International division. The underlying results adjust for two fewer trading days in the recent period compared to the same period in 2025, which Howden said was worth £11 million.

On a same depot basis, underlying revenue growth was 2.8% annually, comprised of 2.6% growth in the UK and 7.9% in International.

Looking ahead, Howden Joinery said its peak trading period is in the autumn, so sales are weighted to the second half of the year. However, it is ‘on track with the outlook for 2026’.

Despite the instability in the Middle East, Howden said its supply chain remains ‘robust’, and it is maintaining good stock availability to support its trade customers.

‘Our near-sourced, vertically integrated business model is resilient across all macro-economic conditions,’ Howden said.

It will release its full half-year results on July 23.

Howden shares were down 0.1% to 814.00 pence early Tuesday in London. The wider FTSE 100 index was up 0.2%.

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