Jul 21, 2022 / 07:30AM GMT
Andrew Livingston - Howden Joinery Group Plc - CEO & Executive Director
Good morning, everyone, and welcome to the Howdens' 2022 interim results presentation. I will begin by introducing our first half performance. Paul Hayes will then review our financial results for the period. I will then share my perspective on our 2022 performance to date and our plans for the remainder of the year. And then we'll take your questions.
Howdens has delivered a very strong first half performance with record sales and profits for the year, which for us comprised 24 weeks. Group sales rose around 16% on 2021 and 40% on 2019 being the year prior to the onset of the pandemic. Our profit before tax increased at a higher rate than revenues and our gross margin was ahead of last year as we mitigated significant input cost pressures with disciplined pricing.
Our builders remain busy. We made good progress on our strategic plans, both for the U.K. business and our international operations whose performance continues to improve. You will see from our RNS announcement that we've moved our ESG agenda forward.
Half Year 2022 Howden Joinery Group PLC Earnings Call Transcript
Feb 13, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers