Howden Joinery Group PLC (CHIX:HWDNl)

£ 7.7375 0.03 (0.38%) Market Cap: 4.26 Bil Enterprise Value: 4.78 Bil PE Ratio: 16.68 PB Ratio: 4.25 GF Score: 98/100

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£9.1 (-3.55%)

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£8.3 (+7.79%)

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Jul 21, 2022

£6.56 (+4.41%)

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Feb 24, 2022
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Jul 22, 2021

£9.03 (+2.47%)

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Full Year 2020 Howden Joinery Group PLC Earnings Call Transcript
Feb 25, 2021

£7.25 (-2.11%)

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Half Year 2020 Howden Joinery Group PLC Earnings Call Transcript
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£5.52 (-0.07%)

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Feb 28, 2019

Full Year 2020 Howden Joinery Group PLC Earnings Call Transcript

Feb 25, 2021 / 08:30AM GMT

Release Date Price: £7.25 (-2.11%)

Transcript

Andrew Livingston

Howden Joinery Group Plc - CEO & Director

Good morning, everyone, and welcome to Howdens 2020 results presentation. I will begin by introducing our 2020 performance. Paul Hayes, our new group CFO, will then review our financial results for the year. I will then share my perspectives on our 2020 performance and our plans for 2021, and then we'll take questions.

Howdens has performed well during a challenging year that has been significantly impacted by COVID-19. We adopted to COVID trading conditions while investing in and progressing our strategic plans for the business. Our performance demonstrates the strengths of our trade-only business model and our ability to continue to evolve the business whilst prioritizing the health and well-being of our staff and customers.

The results for the year reflects the quarter 2 spring lockdown period, followed by a year-on-year increase in second half sales and profit. U.K. sales in the first half were 29% lower than in 2019, with all of the shortfall attributable to trading in the second quarter. U.K. second half sales

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