Joinery company reaps investment rewards
Strategic investment by joinery group Howdens has boosted profits as the company gears up for a strong second half.
The East Yorkshire company reported a 4.3% hike in sales in the first of 2025 to £997.6m, while pre-tax profits increased by 4.4% to £117.2m following a £11m investment programme.
Howdens said the investment has further increased its market share on the back of ‘well executed promotions and sales incentives’.
Its balance sheet remains strong with £321.4m of cash at the end of the period. Howdens reported... 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...
