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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Howdens Sales Rise 6.8% on Acquisition
Howdens says Group sales rose 6.8% in the latest period, but the DIY Kitchens acquisition drove most of that. Pro-forma UK growth was 1.8%, and full-year profit guidance is unchanged.
Howden Joinery Group plc (LON: HWDN), the kitchen and joinery supplier, said Group sales rose 6.8% between the 14th of June and the 31st of October, though most of that came from an acquisition.The trading update was released at 7am today.
HWDN.LSE
Group sales are up 5.1% for the year to date. The company also reported record sales during TradeFest, its peak trading period, and described macro-economic conditions as challenging.
The headline figure is lifted by DIY Kitchens, which is included in reported sales from the 23rd of June. Reported UK sales rose 6.8%, but on a pro-forma basis, which counts DIY Kitchens in both years, UK growth was 1.8%.
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Year to date, UK sales rose 5.0% as reported and 2.4% pro-forma. Group growth on the same pro-forma basis was 2.1% for the period and 2.7% for the year to date.
Howdens sales growth in Periods 7 to 11, reported against pro-forma, % change on 2025. International is in local currency. Source: Howden Joinery Group.
International, which covers France, Belgium and the Republic of Ireland, grew 6.2% in local currency. Pro-forma growth, which excludes French depot closures (two in 2025, six in 2026), was 10.2%.
Andrew Livingston, Chief Executive, said of costs and the outlook:
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Our on-going productivity and efficiency programmes are supporting competitive pricing across all our kitchen and joinery categories and are helping to mitigate inflationary pressures. We remain on track with the outlook for 2026.
Andrew Livingston, Chief Executive, Howden Joinery Group
Howdens expects Group underlying profit before tax in line with current market expectations. The company publishes an analyst consensus average of £361m on its website. This is not an upgrade.
Livingston added that DIY Kitchens traded in line with expectations and that its new route to market widens Howdens’ addressable customer base in the UK.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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