Howden Joinery (HWDN.L, HWDN LN)

  • 4422.7
  • 549.7
  • 96.7
  • HOWDEN JOINERY

    Closing Price (p): 804.5

  • RATING 31/03/22

  • PREVIOUS RATING 26/09/19

    NEUTRAL

Company Profile

Howden Joinery is the leading trade supplier of kitchen and joinery products in the UK. The group sells exclusively to small builders and the trade sector from a network of depots spread throughout the UK with a sizeable amount of sales from products manufactured by Howdens. Howdens was established by Matthew Ingle in 1995 as a business unit of the former MFI Furniture Group. Since then, it has gained significant market share and achieved strong growth, most of which has been organic. It employs a unique and superior business model - operating and incentivising its network of depots locally. Howdens is almost entirely UK-focused, although it also has smaller operations in France and the Republic of Ireland.


Major Shareholders%
Norges Bank Investment Management3.5
The Vanguard Group, Inc.3.4
Baillie Gifford & Co.3.2
BlackRock Invest. Mgt (UK) Ltd.3.0
Threadneedle Asset Mgt. Ltd.2.1