East Yorkshire-based trade kitchen group Howden Joinery Group has seen profits rise in the second half of 2022 according toits latest trading update.
As one of the country’s largest specialist trade kitchen suppliers, trading has seen revenues soar by 24.5% than the same period in 2021 translating into a 6.6% year-on-year revenue growth in the UK depots.
Commenting on Howdens’ performance Andrew Livingston, Chief Executive said: “Howdens achieved a record performance in our important peak trading period. We continued to gain market share supporting our customers with a strong product line-up, high stock availability and outstanding service. Trade customers have remained busy into the Autumn with a good pipeline of work, as consumers continue to invest in and improve their homes. Our kitchen and joinery markets are large and attractive, and we are prioritising investment for future growth through our successful strategic initiatives.”