Davy Research

Howden Joinery (HWDN.L, HWDN LN)

  • 3005.5
  • 618.2
  • 97.8

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%
FMR5.5
Ameriprise Financial5.1
Old Mutual 5.0
Schroders Asset Mgmt 4.8
Standard Life Aberdeen4.7
  • HOWDEN JOINERY

    Closing Price (p): 486.2

  • RATING 29/01/15

  • PREVIOUS RATING

Analyst(S)

COMPANY DATA