Howden Joinery (HWDN.L, HWDN LN)

  • 3096.5
  • 603.8
  • 98.5

    Closing Price (p): 512.8

  • RATING 29/01/15


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%
Ameriprise Financial5.1
Old Mutual 5.0
Schroders Asset Mgmt 4.8