Company summary
Howdens Joinery is the UK's largest trade kitchen supplier, selling fitted kitchens, doors, flooring, joinery and related products primarily to builders and tradespeople through a nationwide depot network.
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HWDN
Howdens Joinery
Homebuilding & construction supplies
- Index
- FTSE 100
- ISIN
- Not specified
- Book status
- 2026 edition — current
Key activities
Design, manufacture and distribution of kitchens, joinery, doors, flooring, appliances and related building products through a trade-only depot model.
Key markets
The United Kingdom is the dominant market, with smaller but growing depot networks in France, Belgium and Ireland. Customers are predominantly builders, fitters and other trade professionals.
Key drivers
UK renovation demand, depot openings, kitchen market share, pricing, product launches, gross margins, builder activity, manufacturing efficiency and successful integration of acquisitions.
Key risks
Weak housing and renovation demand, trade-customer activity, raw-material and wage inflation, competitive pricing, acquisition integration and consumer confidence.
Recent Developments
23 July 2026: first-half sales rose 3.3% to £1.03bn and underlying operating profit increased 5.5% to £128.1m. Howdens also completed the roughly £400m acquisition of DIY Kitchens in June and continued a £100m share-buyback programme.
Dividend notes
Pays interim and final dividends. The 2025 final dividend of 16.9p went ex-dividend on 9 April 2026 and was paid on 22 May. The 2026 interim is 5.1p, goes ex-dividend on 15 October and is payable on 20 November.
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