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 -

Q2 2025

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.

Howden Joinery (GB:HWDN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:HWDN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 24, 2025	2025 (Q2)	- / -	0.154	―	―	―
Feb 27, 2025	2024 (Q4)	- / 0.30	0.31	-3.23% (-0.01)	―	―
Jul 25, 2024	2024 (Q2)	- / 0.15	0.153	0.65% (<+0.01)	―	―
Feb 29, 2024	2023 (Q4)	- / 0.31	0.462	-32.90% (-0.15)	―	―
Jul 20, 2023	2023 (Q2)	- / 0.15	0.195	-21.54% (-0.04)	―	―
Feb 23, 2023	2022 (Q4)	- / 0.46	0.366	26.23% (+0.10)	―	―
Jul 21, 2022	2022 (Q2)	- / 0.20	0.163	19.63% (+0.03)	―	―
Feb 24, 2022	2021 (Q4)	- / 0.37	0.266	37.59% (+0.10)	―	―
Jul 22, 2021	2021 (Q2)	- / 0.16	-0.018	1005.56% (+0.18)	―	―
Feb 25, 2021	2020 (Q4)	- / 0.27	0.246	8.13% (+0.02)	―	―

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

GB:HWDN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 27, 2025	818.87p	768.61p	-6.14%
Jul 25, 2024	919.84p	885.38p	-3.75%
Feb 29, 2024	736.18p	788.01p	+7.04%
Jul 20, 2023	672.48p	705.40p	+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.

FAQ

When does Howden Joinery Group PLC (GB:HWDN) report earnings?

Howden Joinery Group PLC (GB:HWDN) is schdueled to report earning on Jul 24, 2025, TBA (Confirmed).

What is Howden Joinery Group PLC (GB:HWDN) earnings time?

Howden Joinery Group PLC (GB:HWDN) earnings time is at Jul 24, 2025, TBA (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 Group PLC stock?

The P/E ratio of Howden Joinery is N/A.

What is GB:HWDN EPS forecast?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing