{"id":2071023,"date":"2021-02-25T08:01:58","date_gmt":"2021-02-25T08:01:58","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2071023"},"modified":"2021-02-25T08:45:12","modified_gmt":"2021-02-25T08:45:12","slug":"kitchen-supplier-cooks-up-a-recovery","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery","title":{"rendered":"Kitchen supplier cooks up a recovery"},"content":{"rendered":"

Kitchen supplier Howdens Joinery has cooked up a recovery in the second half of the year as it “benefitted from pent-up demand and the consumer’s desire to invest in their homes”.<\/p>\n

Sales in the second six months were up 16%, which followed a “sharp drop” during the first national lockdown when all of its depots were initially closed.<\/p>\n

Howdens ended the year with revenue down 2% to \u00a31.55bn although pre-tax profits were down 29% to \u00a3185m.<\/p>\n

It has repaid the \u00a322m it received from Government furlough and other support taken earlier in the year.<\/p>\n

The group has proposed a \u00a3108m dividend payment to shareholders, made up of a 9.1p per share dividend and a special dividend of 9.1p to replace the cancelled final dividend for 2019.<\/p>\n

\"\"

Andrew Livingstone, CEO, Howdens<\/p><\/div>\n

“Howdens performed well during 2020,” said Andrew Livingston, chief executive of Howdens Joinery. “We adapted to COVID trading conditions and progressed our strategic plans for the business.<\/p>\n

“Given the Covid-related and other economic uncertainties, we remain cautious about underlying market conditions; however, we are encouraged by the progress made in 2020 and remain confident in our business model for the future.”<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments<\/p>\n","protected":false},"author":18,"featured_media":2064964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47995],"coauthors":[81],"class_list":["post-2071023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail","tag-featured-story"],"yoast_head":"\nKitchen supplier cooks up a recovery | TheBusinessDesk.com<\/title>\n<meta name=\"description\" content=\"\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kitchen supplier cooks up a recovery | TheBusinessDesk.com\" \/>\n<meta property=\"og:description\" content=\"\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery\" \/>\n<meta property=\"og:site_name\" content=\"Yorkshire\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-25T08:01:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-25T08:45:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1085\" \/>\n\t<meta property=\"og:image:height\" content=\"724\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Alex Turner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alex Turner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery\",\"url\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery\",\"name\":\"Kitchen supplier cooks up a recovery | TheBusinessDesk.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png\",\"datePublished\":\"2021-02-25T08:01:58+00:00\",\"dateModified\":\"2021-02-25T08:45:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/#\/schema\/person\/bb22271482a44cfd8737315c2eb01c2d\"},\"description\":\"\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments\",\"breadcrumb\":{\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#primaryimage\",\"url\":\"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png\",\"contentUrl\":\"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png\",\"width\":1085,\"height\":724},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kitchen supplier cooks up a recovery\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/#website\",\"url\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/\",\"name\":\"Yorkshire\",\"description\":\"Regional business news for Yorkshire\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/#\/schema\/person\/bb22271482a44cfd8737315c2eb01c2d\",\"name\":\"Alex Turner\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/#\/schema\/person\/image\/78a21fc2ed768148b316e904976a1633\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b96b4b4b2d6de0a47dc65a6ffeab2a69?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b96b4b4b2d6de0a47dc65a6ffeab2a69?s=96&d=mm&r=g\",\"caption\":\"Alex Turner\"},\"url\":\"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/author\/alexturner\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Kitchen supplier cooks up a recovery | TheBusinessDesk.com","description":"\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery","og_locale":"en_GB","og_type":"article","og_title":"Kitchen supplier cooks up a recovery | TheBusinessDesk.com","og_description":"\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments","og_url":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery","og_site_name":"Yorkshire","article_published_time":"2021-02-25T08:01:58+00:00","article_modified_time":"2021-02-25T08:45:12+00:00","og_image":[{"width":1085,"height":724,"url":"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png","type":"image\/png"}],"author":"Alex Turner","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alex Turner","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery","url":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery","name":"Kitchen supplier cooks up a recovery | TheBusinessDesk.com","isPartOf":{"@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#primaryimage"},"image":{"@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#primaryimage"},"thumbnailUrl":"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png","datePublished":"2021-02-25T08:01:58+00:00","dateModified":"2021-02-25T08:45:12+00:00","author":{"@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/#\/schema\/person\/bb22271482a44cfd8737315c2eb01c2d"},"description":"\u00a3108m dividend payment proposed after the group returned \u00a322m of furlough and other support payments","breadcrumb":{"@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#primaryimage","url":"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png","contentUrl":"https:\/\/www.thebusinessdesk.com\/_files\/images\/nov_20\/Screen-Shot-2020-11-02-at-07.55.33-e1604303863998.png","width":1085,"height":724},{"@type":"BreadcrumbList","@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2071023-kitchen-supplier-cooks-up-a-recovery#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.thebusinessdesk.com\/yorkshire\/"},{"@type":"ListItem","position":2,"name":"Kitchen supplier cooks up a recovery"}]},{"@type":"WebSite","@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/#website","url":"https:\/\/www.thebusinessdesk.com\/yorkshire\/","name":"Yorkshire","description":"Regional business news for Yorkshire","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/#\/schema\/person\/bb22271482a44cfd8737315c2eb01c2d","name":"Alex Turner","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.thebusinessdesk.com\/yorkshire\/#\/schema\/person\/image\/78a21fc2ed768148b316e904976a1633","url":"https:\/\/secure.gravatar.com\/avatar\/b96b4b4b2d6de0a47dc65a6ffeab2a69?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b96b4b4b2d6de0a47dc65a6ffeab2a69?s=96&d=mm&r=g","caption":"Alex Turner"},"url":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/author\/alexturner"}]}},"_links":{"self":[{"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/posts\/2071023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/comments?post=2071023"}],"version-history":[{"count":1,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/posts\/2071023\/revisions"}],"predecessor-version":[{"id":2071024,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/posts\/2071023\/revisions\/2071024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/media\/2064964"}],"wp:attachment":[{"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/media?parent=2071023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/categories?post=2071023"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.thebusinessdesk.com\/yorkshire\/wp-json\/wp\/v2\/coauthors?post=2071023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}