London close: Stocks make gains as ECB cuts rates

17th Oct 2024 15:21

(Sharecast News) - London stocks ended higher on Thursday, buoyed by strong gains in Rentokil and Entain, as investors digested the European Central Bank's rate cut and a wave of economic data from the US.

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RBC Capital downgrades Howden Joinery to 'sector perform'

30th Jul 2024 11:10

(Sharecast News) - RBC Capital Markets downgraded Howden Joinery on Tuesday to 'sector perform' from 'outperform' to reflect limited implied upside.

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London close: Stocks mixed on tsunami of updates, US GDP data

25th Jul 2024 15:27

(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.

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Howden Joinery H1 profits slightly higher amid 'challenging' conditions

25th Jul 2024 08:59

(Sharecast News) - Kitchens and joinery products supplier Howden Joinery Group said on Thursday that interim profits had only slightly risen as it continued to navigate "challenging" UK market conditions.

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Howdens hails 'encouraging' start to year as Q1 revenues rise

30th Apr 2024 10:07

(Sharecast News) - Trade kitchen and joinery supplier Howden Joinery reported a rise in first-quarter depot revenue on Tuesday as it hailed an "encouraging" start to the year.

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London close: Stocks finish positive as US inflation moderates

29th Feb 2024 16:05

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

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Howden profits fall 19% on weaker building market

29th Feb 2024 07:46

(Sharecast News) - Profits at Howden Joinery fell more than expected last year as a weaker DIY and housing market hit the bottom line.

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Berenberg cuts target price on Howden Joinery

3rd Nov 2023 10:59

(Sharecast News) - Berenberg lowered its target price on commercial furniture group Howden Joinery from 870.0p to 835.0p on Friday after the group noted that its outturn was more likely to be at the lower end of consensus estimates.

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London close: Stocks rise as BoE keeps rates steady

2nd Nov 2023 15:12

(Sharecast News) - London's stock markets ended the day on a positive note on Thursday, following the Bank of England's decision to maintain interest rates as markets widely expected.

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Howden Joinery sees FY profits at lower end of market expectations

2nd Nov 2023 07:53

(Sharecast News) - Howden Joinery hailed continued resilient trading on Thursday, but cautioned that full-year results were set to be towards the lower end of market expectations, as it pointed to a "more uncertain macroeconomic outlook".

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UK construction tough but buying opportunities exist, says Berenberg

4th Sep 2023 08:03

(Sharecast News) - Broker Berenberg expects the UK construction market to flatline in 2024 before returning to growth, and highlighted a number of key buying opportunities for investors.

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Howdens upbeat despite tougher market conditions

20th Jul 2023 09:25

(Sharecast News) - Howden Joinery Group left its full-year expectations unchanged on Thursday, despite seeing more "challenging" market conditions in the first half.

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Howden Joinery 'on track' after encouraging start to 2023

27th Apr 2023 08:08

(Sharecast News) - Trade kitchen and joinery supplier Howden Joinery said on Thursday that it was on track to meet expectations for the year after an "encouraging" start to 2023.

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Howden Joinery announces £50m share buyback as FY profits rise

23rd Feb 2023 08:16

(Sharecast News) - Howden Joinery posted a jump in full-year profit and revenue on Thursday as it announced the launch of a £50m share buyback.

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Liberum downgrades Travis Perkins to 'hold'

14th Dec 2022 08:19

(Sharecast News) - Liberum downgraded Travis Perkins to 'hold' from 'buy' on Wednesday, as it took "a more selective stance".

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