Howdens to return £100m to shareholders

Joinery giant Howdens today announced a £100m share buyback programme and remained bullish on the year ahead as it announced its annual results.

Despite a challenging marketplace, revenue and profits were in line with last year. In the 12 months to end of December, revenue was up 0.5% to £2.32bn, while pre-tax profits inched up 0.2% to £328m.

The company said in the prevailing macroeconomic environment it anticipates the UK kitchen market ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...