Howden Joinery (HWDN.L, HWDN LN)

  • 3125.1
  • 555.7
  • 99.0
  • HOWDEN JOINERY

    Closing Price (p): 562.4

  • RATING 31/03/22

  • PREVIOUS RATING 26/09/19

    NEUTRAL

Company Profile

Howden Joinery is the leading trade supplier of kitchen and joinery products in the UK. The company sells exclusively to small builders from a circa 620-strong network of depots. Howden was established by Matthew Ingle, the current Chief Executive Officer, in 1995 as a business unit of the former MFI Furniture Group. It employs a unique, and arguably superior, business model - operating and incentivising its network of depots locally. Howden is almost entirely UK-focused, although it is currently exploring European opportunities.


Major Shareholders%
Baillie Gifford & Co.3.6
The Vanguard Group, Inc.3.3
Threadneedle Asset Mgt. Ltd.3.0
Norges Bank Investment Management2.4
Invesco Canada Ltd.2.1