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Birmingham Post
Birmingham Post
Business
David Laister

Howdens achieves double digit growth on £2b record year

Kitchen giant Howdens has achieved double digit growth on its milestone smashing £2 billion turnover year.

The FTSE-listed joinery specialist, which since the year end has opened huge expansion in its East Yorkshire home town, generated sales of £2.3 billion in 2022, 10.8 per cent ahead of 2021.

Pre-tax profits topped £400 million, up 4 per cent, with margins maintained. A total of 30 new UK depots were added, taking the total to 808, with 20 more in France and five in Ireland in the period. It also acquired premium work surface producer Sheridan Fabrications in February for £25 million. Howdens was also named as one of the top 10 large companies to work for.

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