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Howden Joinery (GB:HWDN)
:HWDN
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
24.45Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -18.71%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
Howden's financial results for 2024 show strong resilience and strategic growth despite facing challenging market conditions. The company achieved significant market share gains and maintained robust financial health while continuing its investment in strategic initiatives. However, the challenging UK kitchen market and losses in the French market are notable concerns.Company Guidance
The guidance provided during Howden's 2024 Results Presentation highlighted several key metrics and strategic initiatives aimed at supporting the company's growth amidst challenging market conditions. Group sales reached GBP 2.3 billion, maintaining the previous year's level, with a gross profit of GBP 1.4 billion and a sector-leading gross margin of 61.6%. Operating profit was GBP 339 million, and profit before tax remained steady at GBP 328 million. The company ended the fiscal year with GBP 344 million in cash, reflecting a net inflow of GBP 61 million. Howden's strategic initiatives included opening 29 new U.K. depots, refurbishing 76 older depots, and expanding international operations with 78 depots trading at year-end. The company also focused on enhancing its product offerings and digital capabilities, aiming to open around 20 new depots in the U.K. in 2025. Howden's balance sheet strength enabled the announcement of a GBP 100 million share buyback program, demonstrating its ability to invest in growth while providing increased dividends to shareholders. Looking ahead, Howden anticipates continued market challenges but remains confident in its differentiated model and strategic investments to drive sustainable market share gains.Record Group Sales Growth
Group sales were in line with the prior year at GBP 2.3 billion, with a 47% increase since 2019, indicating consistent growth over the years.
UK Market Share Gains
Despite a declining kitchen market, Howden's maintained revenue in line with last year and believes it gained market share in the UK.
Gross Margin Improvement
Gross profit was ahead of last year at GBP 1.4 billion with a gross margin percentage of 61.6%, showing a year-on-year improvement.
Strong International Sales Performance
International operations saw total sales increase with revenue in France 9.7% ahead, significantly outperforming the market.
Robust Cash Flow and Shareholder Returns
The business delivered strong operating cash flow, maintaining a robust balance sheet and announcing a GBP 100 million share buyback program.
Innovations and New Product Introductions
Sales of new products introduced in the last 2 years represent around 20% of total UK product sales, with continuous product innovation in kitchens, bedrooms, and other categories.
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GB:HWDN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:HWDN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | 839.00p | 787.50p | -6.14% |
| Jul 25, 2024 | 942.45p | 907.14p | -3.75% |
| Feb 29, 2024 | 754.27p | 807.38p | +7.04% |
| Jul 20, 2023 | 689.00p | 722.74p | +4.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Howden Joinery (GB:HWDN) report earnings?
Howden Joinery (GB:HWDN) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Howden Joinery (GB:HWDN) earnings time?
Howden Joinery (GB:HWDN) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Howden Joinery stock?
The P/E ratio of Howden Joinery is N/A.
What is GB:HWDN EPS forecast?
Currently, no data Available
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