Here is a summary of the trading update from Howden Joinery Group PLC for the first four periods of 2025
Howden Joinery Group PLC, the UKs largest trade kitchen and joinery supplier, reports a positive start to 2025, with trading in line with expectations.
The Groups underlying revenue growth for the 16 weeks to April 19, 2025, was 3.0% higher than the previous year, with a strong performance in the international market, particularly in France, Belgium, and the Republic of Ireland.
On an absolute basis, Group revenue was 1.2% ahead of the prior year. Price increases were implemented across all geographies, contributing to the positive performance.
The company plans to open 20-25 new depots in the UK, refurbish older depots, and launch new product innovations, including kitchen ranges and fitted bedrooms.
The Groups digital investments, including an enhanced CRM system and click-and-collect service, are showing encouraging results.
Howdens strong balance sheet has allowed for a £100 million share buy-back programme, with around 1.6 million shares acquired so far.
The company remains focused on supporting its trade customers, primarily self-employed builders, and expects to deliver sustainable market share gains, reaffirming its outlook for 2025.
The next scheduled announcement from the Group will be the Half-Year Results on July 24, 2025.
| Year | Revenue (in £ million) | Profit Before Tax (in £ million) | Share Buyback | Debt |
|---|---|---|---|---|
| 2024 | £2,300 | £328.1 | N/A | N/A |
| 2025 (First Four Periods) | N/A | N/A | £100 million (ongoing) | Strong balance sheet, no specific details provided |