Kitchen giant Howdens is keeping pace with record growth seen in early 2022, with sales in line with the soaring success experienced a year ago.
Revenues are on a par with what had been a “buoyant kitchen and joinery market” with unprecedented levels of demand for the East Yorkshire joinery specialist. In a trading update on the first 16 weeks of the year, the company said UK revenue was down 0.2 per cent, or level when taking an extra trading day into account.
The FTSE 250 company said the 2022 period had seen a significant “pull forward of sales” ahead of a price rise to mitigate rising inflation. A further lift was implemented ahead of the new year in a bid to maintain margins.
