1st May 2014 07:51
LONDON (Alliance News) - Howden Joinery Group PLC said Thursday that its performance since the beginning of the year has been in line with its expectations as improved market conditions seen since last summer have continued.
In an interim management statement for the first 16 weeks of the year, to April 19, 2014, Howden Joinery UK revenue rose 11.2% on the comparative period last year, up 8.5% on a same depot basis.
The company also confirmed plans to open 30 new depots during 2014. Howden has already opened six new sites since the beginning of the year; it is now trading from 565 depots in the UK.
The group said it will release its 2014 half-year report on July 24, 2014.
Shares in Howden Joinery were trading 3.32% higher at 336.00 pence per share Thursday morning, the fourth highest gainer on the FTSE 250 in early trading.
By Alice Attwood; [email protected]; @AliceAtAlliance
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