UK Howden Joinery Reports 4.4% Interim Profit Rise, Shares Surge

Howden Joinery Group PLC reported a 4.4% increase in first-half pre-tax profit to £117.2 million in 2025, driven by higher sales, price hikes, and market share gains despite a challenging UK economic environment. The company’s adjusted sales rose to £997.6 million, supported by well-executed promotions and sales incentives, and it remains on track to meet its full-year outlook with expected revenue around £2.39 billion. Howdens is investing strategically by opening approximately 25 new UK depots, refurbishing 60 others, expanding its kitchen ranges, and boosting manufacturing capacity. CEO Andrew Livingston expressed confidence in achieving full-year plans, emphasizing strong trade customer relationships, product quality, and stock availability even as the overall kitchen market may contract. Newly appointed CFO Jackie Callaway highlighted the positive contribution of price increases to revenue, which are expected to build through the remainder of the year. Shares in Howden rose significantly following the results, reflecting investor confidence in the company’s performance and outlook.