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Revision as of 09:18, 6 November 2012 editGaryrawlinson54 (talk | contribs)16 edits Article focuses on Howden Joinery business, which is the operating business of Howden Joinery Group, incorporating relevant information from previous article.← Previous edit Latest revision as of 10:44, 6 December 2024 edit undo62.89.153.17 (talk) →Operations 
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{{Short description|Kitchen retailer within the United Kingdom}}
⚫ {{Infobox Company
{{Use dmy dates|date=April 2022}}
⚫ | company_name = Howden Joinery Group Plc
⚫ {{Infobox company
| company_logo = ]
⚫ | name = Howden Joinery Group Plc
| company_type = Public ({{lse|HWDN}})
| logo = Howdens_logo.svg
⚫ | foundation = 1964
| logo_caption =
⚫ | location = ], ]
| logo_size = 175px
| key_people = Will Samuel, (])<br>Matthew Ingle, (])
| former_name = {{Ubl
| Maxirace Limited (May{{endash}}December 1987)
| MFI Furniture Group Plc (1987{{endash}}2006)
| Galiform Plc (2006{{endash}}2010)<ref name="CompaniesHouse">{{Cite web |date=1987-05-07 |title=Howden Joinery Group PLC overview - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/02128710 |access-date=2024-01-27 |website=] |language=en}}</ref><ref>{{Cite web |title=Legal information |url=https://www.howdenjoinerygroupplc.com/legal |access-date=2024-01-27 |website=Howden Joinery Group Plc |language=en}}</ref>
}}
| type = Public
| traded_as = {{ubl|{{lse|HWDN}}|] component}}
⚫ | foundation = 1995
| founder = Matthew Ingle
⚫ | location = ], England, UK
| key_people = {{Ubl
| Peter Ventress, (])
| Andrew Livingston, (])
}}
| industry = ] | industry = ]
| products = Kitchens and joinery | products = {{Ubl
| Kitchens
| revenue = ]853.8 million (2011)<ref name=prelims></ref>
| Joinery
⚫ | operating_income = ]114.3 million (2011)<ref name=prelims/>
| Hardware
⚫ | net_income = ]81.1 million (2011)<ref name=prelims/>
| Flooring
| Appliances
| Bathroom furniture
}}
| revenue = {{decrease}} £2,310.9 million (2023)<ref name=results>{{cite web|url=https://www.howdenjoinerygroupplc.com/docs/librariesprovider25/archives/prelims/preliminary_results_2023.pdf|title=Preliminary Results 2023|publisher=Howdens Joinery|access-date=29 February 2024}}</ref>
⚫ | operating_income = {{decrease}} £340.2 million (2023)<ref name=results/>
⚫ | net_income = {{decrease}} £254.6 million (2023)<ref name=results/>
| num_employees = | num_employees =
| homepage = | homepage = {{URL|https://howdenjoinerygroupplc.com}}
}} }}
'''Howden Joinery Group Plc''' is the multinational parent company for the '''Howdens Joinery''' business (Howdens) based in ], England. It is a supplier of kitchens and joinery products to the building trade. It is listed on the ], and is a constituent of the ].

⚫ == History ==
The brand was adopted and developed by Matthew Ingle<ref>{{cite web|url=https://www.kbbreview.com/10222/news/howdens-founder-ceo-matthew-ingle-retire/|title=Howdens founder and CEO Matthew Ingle to retire|date=7 July 2017|access-date=19 September 2019}}</ref> as a business unit within ] plc (MFI) in 1995.<ref>{{Cite web|url=http://www.ttjonline.com/features/onwards-and-upwards-/|title=Onwards and upwards - Timber Trades Journal Online|website=www.ttjonline.com|access-date=2019-09-24}}</ref> It started trading with 14 depots.<ref name=":1" /> In October 2006, MFI sold its loss-making MFI retail business to ] for £1, whilst retaining Howdens.<ref name=":0">{{Cite news|url=http://news.bbc.co.uk/2/hi/business/5369662.stm|title=MFI sells store chain in £1 deal|date=2006-09-22|access-date=2019-09-24|language=en-GB}}</ref><ref>{{Cite news|url=https://www.theguardian.com/business/2006/sep/23/privateequity|title=MFI sold for £1 and repackaged as Galiform|last=Treanor|first=Jill|date=2006-09-23|work=The Guardian|access-date=2019-09-24|language=en-GB|issn=0261-3077}}</ref> At the same time, the name of MFI was changed to Galiform plc.<ref name=":0" />

In 2007, Howdens' own appliance brand, Lamona, was launched.<ref name=":1" />

In November 2008, the MFI retail business entered administration, and Galiform became liable for the costs associated with 46 MFI stores (the legacy properties), incurring an exceptional charge of £99.7m.<ref>{{Cite news|url=https://www.theguardian.com/business/2009/mar/06/buiilding-sector|title=Joinery group Galiform and plumbing supplier Wolseley hit by fallout from building sector|last=Finch|first=Julia|date=2009-03-06|work=The Guardian|access-date=2019-09-24|language=en-GB|issn=0261-3077}}</ref> However, by December 2012 the legacy properties had been reduced by over 80%.<ref>{{Cite web|url=https://www.dividendmax.com/dividend-investor-news/1149/massive-dividend-increase-from-howden-joinery|title=Massive Dividend Increase from Howden Joinery|website=www.dividendmax.com}}</ref>


In September 2010, Galiform changed its name to Howden Joinery Group plc.<ref>{{Cite web|url=https://www.investorschronicle.co.uk/2011/09/08/shares/news-and-analysis/sturdy-trading-at-howden-K5w0jmQr65J3zslHTdAnzN/article.html|title=Sturdy trading at Howden|publisher=Investors Chronicle|date=4 March 2011|access-date=24 September 2019}}</ref> Howdens was granted a Royal Warrant as a Supplier of Fitted Kitchens by Appointment to Queen ] in January 2015,<ref>{{Cite web|url=https://www.royalwarrant.org/company/howden-joinery-ltd|title=Howden Joinery Ltd {{!}} Royal Warrant Holders Association|website=www.royalwarrant.org|access-date=2019-09-24}}</ref> and was chosen as one of '']'' ''25 Best Big Companies to Work For'' in 2020.<ref>{{Cite web|url=https://www.b.co.uk//companies/howdens|title=Best Companies &#124; Howdens|website=www.b.co.uk}}</ref>
'''Howden Joinery Group plc (the 'Group')''' ({{lse|HWDN}}, which is listed on the ] and is a constituent of the ], is the owner of the Howden Joinery business ('Howdens'). The Group has existed in its current form since October 2006, when the then MFI Furniture Group ] sold the MFI retail business to MEP Mayflower Ltd. Originally, the Group in its current form was known as Galiform plc, until September 2010, when it changed its name to Howden Joinery Group plc.


In July 2017, the company announced the retirement of Matthew Ingle, after twenty two years at the company,<ref>{{cite news |url=https://www.ft.com/content/85aaec2e-6755-3652-b054-5ee0ce9c130c|title=Founder of FTSE 250 joinery Howdens to step down|work=www.ft.com|date=6 July 2017|access-date=30 March 2020}}</ref> and the appointment Andrew Livingston who joined as chief executive in January 2018.<ref>{{Cite web|url=https://www.diyweek.net/andrew-livingston-to-join-howdens-as-ceo-by-end-of-the-month|title=Andrew Livingston to join Howdens as CEO by end of the month|website=www.diyweek.net|access-date=2019-09-25}}</ref> In September 2019, Howdens refreshed the creative execution of the brand – with a new logo and the removal of "Joinery" from the brand mark.<ref>{{cite web|url= https://www.insightdiy.co.uk/news/howdens-takes-a-step-into-the-screwfix-backyard/7096.htm|title=Howdens Takes a Step Into the Screwfix Backyard|publisher=Insight DIY|date=5 April 2019|access-date=29 March 2020}}</ref>
Howdens sells integrated kitchen and joinery products, including Lamona integrated domestic appliances, which are exclusive to the business, from stock, primarily to small local builders. It is a trade only business and does not sell to retail customers, although around 75% of its kitchen sales are installed in owner occupiers' homes. The rest of its sales are primarily installed in private and public rented accommodation.


The brand was listed as a ''Business Superbrand'' in September 2019.<ref name=":1">{{Cite web|url=https://www.superbrands.uk.com/content/2018/howdens-joinery|title=Howdens Joinery|website=Superbrands|language=en-US|access-date=2019-09-24}}</ref>
⚫ ==History and operations==


==Operations==
The Howden Joinery business was started in the autumn of 1995, under the auspices of the then MFI Group. Its main operations are in Great Britain, where its 500th depot was opened in 2011. It also has a small number of depots in Paris and Northern France, where it trades as Houdan Menuiseries
The company has more than 900 depots nationwide, that sell to the trade (small builders). It also trades as Howdens Cuisines from 60 depots in France and Belgium.<ref name=results/>


Howdens sells kitchens (including worktops, flooring, appliances, sinks, taps and lighting), bedrooms, joinery, hardware, tools, and bathroom cabinetry. It offers a free home survey and planning service.<ref>{{Cite web|url=https://www.which.co.uk/reviews/fitted-kitchens/article/best-kitchen-brands/howdens-joinery-kitchens|title=Howdens Joinery Kitchens|website=Which?|language=en|access-date=2019-09-25}}</ref>
The Group employs over 6,000 people, almost all in the UK. It sources the products is sells globally, primarily from suppliers based in the UK and continental Europe. It manufactures about one-third of the products it sells, making kitchen cabinets and worktops in its own manufatcuring plants, in Runcorn, Cheshire, and Howden, East Yorkshire.


The company manufactures its cabinets, laminate worktops and breakfast bars in ], East Yorkshire and ], Cheshire. All products manufactured by Howdens hold the ] chain of custody certification.<ref>{{Cite web|url=https://info.fsc.org/details.php?id=a0240000005sVNxAAM&type=certificate|title=FSC Public Search|website=info.fsc.org|access-date=2019-09-25}}</ref>


⚫ ==References==
⚫ {{reflist|30em}}


⚫ {{FTSE 100 Index constituents}}
⚫ == References ==
⚫ {{reflist}}


{{Authority control}}
⚫ {{FTSE 250 Index constituents}}


] ]
] ]
]
]
]
]

Latest revision as of 10:44, 6 December 2024

Kitchen retailer within the United Kingdom

Howden Joinery Group Plc
Formerly
  • Maxirace Limited (May–December 1987)
  • MFI Furniture Group Plc (1987–2006)
  • Galiform Plc (2006–2010)
Company typePublic
Traded as
IndustryFurniture
Founded1995
FounderMatthew Ingle
HeadquartersLondon, England, UK
Key people
Products
  • Kitchens
  • Joinery
  • Hardware
  • Flooring
  • Appliances
  • Bathroom furniture
RevenueDecrease £2,310.9 million (2023)
Operating incomeDecrease £340.2 million (2023)
Net incomeDecrease £254.6 million (2023)
Websitehowdenjoinerygroupplc.com

Howden Joinery Group Plc is the multinational parent company for the Howdens Joinery business (Howdens) based in London, England. It is a supplier of kitchens and joinery products to the building trade. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index.

History

The brand was adopted and developed by Matthew Ingle as a business unit within MFI Furniture Group plc (MFI) in 1995. It started trading with 14 depots. In October 2006, MFI sold its loss-making MFI retail business to Merchant Equity Partners for £1, whilst retaining Howdens. At the same time, the name of MFI was changed to Galiform plc.

In 2007, Howdens' own appliance brand, Lamona, was launched.

In November 2008, the MFI retail business entered administration, and Galiform became liable for the costs associated with 46 MFI stores (the legacy properties), incurring an exceptional charge of £99.7m. However, by December 2012 the legacy properties had been reduced by over 80%.

In September 2010, Galiform changed its name to Howden Joinery Group plc. Howdens was granted a Royal Warrant as a Supplier of Fitted Kitchens by Appointment to Queen Elizabeth II in January 2015, and was chosen as one of The Sunday Times 25 Best Big Companies to Work For in 2020.

In July 2017, the company announced the retirement of Matthew Ingle, after twenty two years at the company, and the appointment Andrew Livingston who joined as chief executive in January 2018. In September 2019, Howdens refreshed the creative execution of the brand – with a new logo and the removal of "Joinery" from the brand mark.

The brand was listed as a Business Superbrand in September 2019.

Operations

The company has more than 900 depots nationwide, that sell to the trade (small builders). It also trades as Howdens Cuisines from 60 depots in France and Belgium.

Howdens sells kitchens (including worktops, flooring, appliances, sinks, taps and lighting), bedrooms, joinery, hardware, tools, and bathroom cabinetry. It offers a free home survey and planning service.

The company manufactures its cabinets, laminate worktops and breakfast bars in Howden, East Yorkshire and Runcorn, Cheshire. All products manufactured by Howdens hold the FSC chain of custody certification.

References

  1. "Howden Joinery Group PLC overview - Find and update company information - GOV.UK". Companies House. 7 May 1987. Retrieved 27 January 2024.
  2. "Legal information". Howden Joinery Group Plc. Retrieved 27 January 2024.
  3. ^ "Preliminary Results 2023" (PDF). Howdens Joinery. Retrieved 29 February 2024.
  4. "Howdens founder and CEO Matthew Ingle to retire". 7 July 2017. Retrieved 19 September 2019.
  5. "Onwards and upwards - Timber Trades Journal Online". www.ttjonline.com. Retrieved 24 September 2019.
  6. ^ "Howdens Joinery". Superbrands. Retrieved 24 September 2019.
  7. ^ "MFI sells store chain in £1 deal". 22 September 2006. Retrieved 24 September 2019.
  8. Treanor, Jill (23 September 2006). "MFI sold for £1 and repackaged as Galiform". The Guardian. ISSN 0261-3077. Retrieved 24 September 2019.
  9. Finch, Julia (6 March 2009). "Joinery group Galiform and plumbing supplier Wolseley hit by fallout from building sector". The Guardian. ISSN 0261-3077. Retrieved 24 September 2019.
  10. "Massive Dividend Increase from Howden Joinery". www.dividendmax.com.
  11. "Sturdy trading at Howden". Investors Chronicle. 4 March 2011. Retrieved 24 September 2019.
  12. "Howden Joinery Ltd | Royal Warrant Holders Association". www.royalwarrant.org. Retrieved 24 September 2019.
  13. "Best Companies | Howdens". www.b.co.uk.
  14. "Founder of FTSE 250 joinery Howdens to step down". www.ft.com. 6 July 2017. Retrieved 30 March 2020.
  15. "Andrew Livingston to join Howdens as CEO by end of the month". www.diyweek.net. Retrieved 25 September 2019.
  16. "Howdens Takes a Step Into the Screwfix Backyard". Insight DIY. 5 April 2019. Retrieved 29 March 2020.
  17. "Howdens Joinery Kitchens". Which?. Retrieved 25 September 2019.
  18. "FSC Public Search". info.fsc.org. Retrieved 25 September 2019.
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