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Howden Joinery Group PLC Shares News & Articles

Howden Joinery defies housing downturn fears with jump in profit and £50 million share buyback

- UK's leading trade kitchen supplier gains market share- Announces further £50 million buyback- But warns of strong comparatives during 2023Trade kitchen supplier Howden Joinery (HWDN) defied the slowdown in the new-build home industry by posting higher profits for the year to December 2022 amid further market share gains and pointed to an encouraging start to the new year.Howden Joinery also la

Housebuilder warnings about a slowdown in activity does not bode well for suppliers

The common factor across the latest trading updates from the big housebuilders is they are all forecasting fewer completions and land purchases this year.That could spell trouble for the various trades which support the new-build home industry, from legal services to building materials and equipment hire to fitted kitchens and bathrooms.With mortgage costs soaring after repeated interest rate incr

Marshalls signals end of DIY boom putting pressure on Wickes, Kingfisher and others

- Third quarter sales down 16% - Marshalls stock falls 28%- News will worry shareholders in other DIY chainsPatio and paving firm Marshalls (MSLH) reported a sharp decline in sales to the home renovation and DIY market in the three months to September as consumers slammed on the brakes ahead of the hike in household fuel bills this month.It is a warning that should make investors in several other

Four stocks to beat UK’s fastest inflation jump since the financial crisis

The cost of living in the UK rose at its fastest pace since 2008 in November, surging 5.1% and adding to Bank of England pressure to raise interest rates.The Office for National Statistics reported on Wednesday (15 December) that consumer prices increased far faster than analyst predictions of 4.7%, and up from 4.2% in October.The monthly rate of inflation rose 0.7%, compared with a fall of 0.1% i

Barclays CEO’s departure fails to dent FTSE 100 rally ahead of rate calls this week

A strong start to the week across Europe's markets helped push the UK's major stocks higher on Monday spurred on by Wall Street's record close on Friday.The benchmark FTSE 100 was nearly 0.6% higher at 9am, lifting the index to 7,277.85, while mid-caps were also firmer, the FTSE 250 up 0.4% to 23,204.05. With much of the economic action taking place towards the middle and back end of the week, wit
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