Howden Joinery

Remains on track

  • Sectors : Builders Merchants
  • Companies : Howden Joinery

Ratings and price correct at time of issue.

  • Howden Joinery

    Closing Price: 948p

  • RATING 31/03/22

  • PREVIOUS RATING 26/09/19

    NEUTRAL

DAVY VIEW

Howdens’ operating performance and results continue to highlight the group’s resilience in what remain very testing market conditions. However, the current challenges have not stopped Howdens from continuing to invest heavily in improving its already market-leading proposition. This will allow the group to benefit once the UK kitchen market picks up from what is a cyclical low point. With the stock up nearly 30% in the past year and approaching its highest ever level, Howdens’ quality has been justifiably recognised by the investment community.

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Jul 25 2024, 08:17 IST/BST

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