Howden Joinery (HWDN.L, HWDN LN)

  • 3703.0
  • 555.7
  • 97.1

    Closing Price (p): 666.4

  • RATING 31/03/22

  • PREVIOUS RATING 26/09/19


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.3.7
The Vanguard Group, Inc.3.0
BlackRock Invest. Mgt (UK) Ltd.2.5
Threadneedle Asset Mgt. Ltd.2.4
Fiera Capital Corp. (Inv. Mgt.)2.1