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| Company type | Public (LSE: HWDN) |
|---|---|
| Industry | Furniture |
| Founded | 1964 |
| Headquarters | London, UK |
| Key people | Will Samuel, (Chairman) Matthew Ingle, (CEO) |
| Products | Kitchens and joinery |
| Revenue | £853.8 million (2011) |
| Operating income | £114.3 million (2011) |
| Net income | £81.1 million (2011) |
| Website | www.howdens.com |
Howden Joinery Group plc (the 'Group') (LSE: HWDN, which is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index, 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 MFI 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.
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.
History and 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 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.