Howden Joinery Group announce a 4.7p per share interim dividend

DividendMax Ltd.

Howden Joinery Group announce a 4.7p per share interim dividend

On 20 July 2022, the Howden Joinery Group PLC Board have approved the payment of an interim dividend of 4.7 pence/share to be paid on 18 November 2022 to ordinary shareholders on the register on 14 October 2022.

Other financial highlights include:

-  Group revenue of £913.1m was 16.3% ahead of last year and 39.9% ahead of pre-COVID levels in 2019.

-  UK revenue 16.4% up on last year and 13.5% ahead on a same depot basis. UK revenue in P7 grew by 8% against tough prior year comparatives and was 44% ahead of 2019.  

-  Gross margins ahead of last year at 61.9% with disciplined pricing recovering input cost increases.

-  Profit before tax of £145.0m, up 21.6% on 2021 and 85.7% on 2019, outpaced revenue growth.

-  Strong cash generation with cash at end of period of £249.7m.

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