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Howden Joinery Group

Current Price 905.80p Bid 905.40p Ask 906.40p Change 0.82%
Last Updated: 28/03/2024 21:47. Prices delayed by at least 15 minutes.
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Company Overview

Howdens is the UK's number one trade kitchen supplier providing thousands of products across kitchens, joinery, and hardware. We have over 800 depots throughout the UK and Europe - making us the first choice for more than 460,000 loyal trade professionals.Founded in 1995, Howdens has grown from just 14 depots to over 800 across the UK and Europe thanks to the success of our trade-only model. We only sell to trade who have the expertise to ensure that our products are fitted to the highest possible standard. Our local depots build trusted partnerships with trade professionals, helping them to exceed their customers' expectations and allowing their businesses and ours to profit from doing so. What underpins this model is a powerful combination of locally empowered depot management and a dedicated supply chain that can deliver an in-stock product framework that is both efficient and cost-effective.

Financial Highlights Year Ended 24/12/2023

Revenue
£2,310.90m
Operating Profit/Loss
£340.20m
Dividend yield (%)
2.50
Total dividend for year
n/ap
Dividend cover
2.21
P/E Ratio
17.70

Key Personnel

Mr Paul Hayes
CFO & Executive Director
Mr Andrew Livingston
Chief Executive Officer
Mr Karen Caddick
Independent Non-Executive Director
Mr Louis Eperjesi
Independent Non-Executive Director
Ms Louise Fowler
Independent Non-Executive Director
Mr Andrew Cripps
Non-Executive Director
Mr Peter Ventress
Non-Executive Director
Ms Vanda Murray
Non-Executive Director

Stock Details

EPIC
HWDNL
ISIN
GB0005576813
Shares in Issue
642.68m
Market cap
£5,821.38m

Analyst Views (3)

Strong Buy
 
0%
Buy
 
33.33%
Hold
 
66.67%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
905.80p
Bid Price
905.40p
Ask Price
906.40p
Volume
464,454
Change Today
7.40p
% Change Today
0.82%
Open
899.00p
Previous Close
905.80p
Intraday High
908.60p
Intraday Low
895.00p
52 Week High
908.60p
52 Week Low
613.80p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
24 Dec 2023
24 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
2,310.90
2,319.00
Operating Profit/Loss
340.20
415.20
Net Interest
-12.60
-9.40
Pre-Tax Profit
327.60
405.80
Profit After Tax from continuing operations
254.60
374.20
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
254.60
374.20
Attributable to:
Equity Holders of Parent Company
254.60
374.20
Minority Interests
n/a
n/a
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
24 Dec 2023
24 Dec 2022
Basic
46.50p
65.80p
Diluted
46.30p
65.60p
Adjusted
46.50p
65.80p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
24 Dec 2023
24 Dec 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
1,104.80
1,013.00
Intangible Assets
43.50
35.90
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
16.40
36.90
Current Assets
Inventories
382.80
373.30
Trade & Other Receivables
194.50
233.30
Cash at Bank & In Hand
282.80
308.00
Current Asset Investments
n/a
n/a
Other Current Assets
39.70
32.30
Other Assets
n/a
n/a
Total Assets
2,064.50
2,032.70

Liabilities

Year End Date
24 Dec 2023
24 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
85.30
95.30
Other Current Liabilities
382.70
445.90
Total Current Liabilities
468.00
541.20
Non-Current Liabilities
Borrowings
599.20
570.00
Provisions
6.30
8.30
Other Non-Current Liabilities
12.60
41.50
Total Non-Current Liabilities
618.10
619.80
Other Liabilities
n/a
n/a
Total Liabilities
1,086.10
1,161.00

Net Assets

Year End Date
24 Dec 2023
24 Dec 2022
 
£ (M)
£ (M)
Net Assets
978.40
871.70

Capital & Reserves

Year End Date
24 Dec 2023
24 Dec 2022
 
£ (M)
£ (M)
Share Capital
55.40
56.10
Share Premium Account
87.50
87.50
Other Reserves
2.40
-4.70
Retained Earnings
833.10
732.80
Shareholders Funds
978.40
871.70
Minority Interests/Other Equity
n/a
n/a
Total Equity
978.40
871.70

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
11 Apr 2024
24 May 2024
16.20p
Interim
12 Oct 2023
17 Nov 2023
4.80p
Final
06 Apr 2023
19 May 2023
15.90p
Interim
13 Oct 2022
18 Nov 2022
4.75p
Interim
13 Oct 2022
18 Nov 2022
4.75p
Final
04 Apr 2022
20 May 2022
15.20p
Interim
14 Oct 2021
19 Nov 2021
4.30p
Interim
14 Oct 2021
19 Nov 2021
4.30p
Final
20 May 2021
18 Jun 2021
9.10p
Final
20 May 2021
18 Jun 2021
9.10p
Final
20 May 2021
18 Jun 2021
9.10p
Final
20 May 2021
18 Jun 2021
9.10p
Interim
24 Oct 2019
22 Nov 2019
3.90p
Final
23 May 2019
21 Jun 2019
7.90p
Interim
25 Oct 2018
23 Nov 2018
3.70p
Final
24 May 2018
22 Jun 2018
7.50p
Interim
19 Oct 2017
17 Nov 2017
3.60p
Final
18 May 2017
16 Jun 2017
7.40p
Interim
20 Oct 2016
18 Nov 2016
3.30p
Final
22 May 2013
21 Jun 2013
2.70p
Final
22 May 2013
21 Jun 2013
2.70p
Interim
31 Oct 2012
30 Nov 2012
0.30p
Interim
31 Oct 2012
30 Nov 2012
0.30p
Interim
31 Oct 2012
30 Nov 2012
0.30p
Final
23 May 2012
22 Jun 2012
0.50p
Final
23 May 2012
22 Jun 2012
0.50p

Dividend Metrics

Year End Date
24 Dec 2023
24 Dec 2022
Dividend growth
1.94%
5.64%
Dividend yield
2.50%
3.60%
Dividend cover
2.21
3.19


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