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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Howden Joinery Group Plc | LSE:HWDN | London | Ordinary Share | GB0005576813 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 0.11% | 871.00 | 870.50 | 871.50 | 871.00 | 860.00 | 861.50 | 85,841 | 09:11:32 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Household Furniture, Nec | 2.31B | 254.6M | 0.4640 | 18.62 | 4.74B |
From Apr 2019 to Apr 2024
TIDMHWDN
RNS Number : 8108X
Howden Joinery Group PLC
02 May 2019
2 May 2019
Howden Joinery Group plc
TRADING UPDATE
Howden Joinery Group Plc ("Howdens" or "the Group") today announces a trading update for the first four periods of 2019 (16 weeks to 20 April 2019).
Trading
Howden Joinery UK increased revenue by 5.7% overall and by 3.9% on a same depot basis, compared to the equivalent periods last year. Sales growth was driven by an increase in prices in January, against the backdrop of strong volume comparators in 2018.
Looking forward, we are on track with our plans for the year as a whole although remain watchful of market conditions and the further impact that Brexit may have on the economy.
Business developments
Howden Joinery trades from 702 depots in the UK, with 8 new depots opened so far this year. We plan to open around 40 new depots in the UK during 2019, including 5 in Northern Ireland.
Share repurchase
The Group has acquired 4.8m shares in the year to date for a consideration of GBP24.0m.
Next scheduled announcement
The Group will release its 2019 Half Year Report on 25 July 2019.
Enquiries
Guy Stainer
Head of Investor Relations + 44 (0) 20 7535 1164 / +44 (0) 7739 778187
Citigate Dewe Rogerson
Simon Rigby + 44 (0) 20 7282 2847 / Kevin Smith +44 (0) 20 7282 1054
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
May 02, 2019 02:00 ET (06:00 GMT)
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