Financial results
Howden Joinery UK depot revenue increased by 11.6% to £428.2m (up 8.7% on a same depot basis). Group revenue was £435.4m (2013: £390.8m);
Gross profit margin was 63.2% (2013: 61.5%);
Operating profit rose to £57.6m (2013: £44.2m);
Profit before tax increased to £57.2m (2013: £41.6m);
Basic earnings per share increased to 6.6p (2013: 4.8p);
Net cash of £161.1m at 14 June 2014 (28 December 2013: £140.5m net cash,
15 June 2013: £102.0m net cash);
Interim dividend of 1.9p per share declared (2013: 1.0p).
