Howden Joinery Group's first half profits boosted by new depots

21st Jul 2016 08:48

(ShareCast News) - Howden Joinery Group on Thursday reported a 23.4% increase in first half pre-tax profit on the back of higher revenues. The supplier of kitchens and joinery products said pre-tax profit was £74.8m in the 24 weeks to 11 June 2016, up from £59.2m in the 24 weeks to 13 June 2015. Gr

Read more

Directors dealings: Howden Joinery boss takes some money off the table

20th May 2016 16:40

(ShareCast News) - Howden Joinery's chief cut his stake in the company even after it recently reported stable trading conditions over the first 16 weeks of 2016, assuaging some market watchers' concerns that it might be impacted by the uncertainty surrounding the upcoming 23 June referendum on the U

Read more

Director dealings: Howden Joinery directors nail colours to mast

17th May 2016 14:36

(ShareCast News) - Howden Joinery chairman Richard Pennycook forked out £0.25m on shares in the FTSE 250 kitchens and joinery products supplier, as a solid trading update late last month left the shares largely unmoved. Pennycook, who bought 51,663 shares at price of 483.9p apiece to substantially i

Read more

Friday broker round-up

29th Apr 2016 12:44

(ShareCast News) - BT Group: UBS upgrades to neutral with a 430p target. Howden Joinery: JP Morgan reiterates overweight with a 570p target. Weir: HSBC upgrades to hold with a target price of 1150p JP Morgan reiterates underweight with a target of 735p and Jefferies stays at underperform with 730p

Read more

Howden Joinery says trading in line so far

28th Apr 2016 07:51

(ShareCast News) - Howden Joinery reported a jump in revenue as it said its performance so far this year has been in line with its expectations. In a trading update for the 16 weeks to 16 April, the FTSE 250 kitchens and joinery products supplier said UK revenue was up 8.7% on the corresponding peri

Read more

Monday broker round-up

25th Apr 2016 13:13

(ShareCast News) - Ted Baker: Jefferies upgrades to buy with a 3000p target. Howden Joinery Group: Goldman Sachs upgrades to neutral with a 515p target. Genel Energy: Barclays keeps at overweight with a target price of 115p and Canaccordreiterates speculative buy with a target of 165p. Royal Dutch

Read more

Howden Joinery full year profit ticks up, "well-positioned" for 2016

25th Feb 2016 10:24

(ShareCast News) - Howden Joinery's full year 2015 profit ticked higher as revenue nudged up following a strong performance, particularly in the UK depot business. For the year to the end of December, pre-tax profit rose to £219.6m from £188.8m in 2014, on revenue of £12.2bn up from £1.1bn. The com

Read more

Howden Joinery non-exec chairman to step down in 2016

2nd Dec 2015 08:22

(ShareCast News) - Will Samuel is set to step down from his role as non-executive chairman of Howden Joinery, the kitchens and joinery manufacturer said. Samuel, who will leave his position after the annual general meeting in 2016, will be replaced by Richard Pennycook, who has held the role of non-

Read more

Friday broker round-up

6th Nov 2015 11:14

(ShareCast News) - Weir Group: Citigroup downgrades to neutral. Target price: 1200.00p Amec Foster Wheeler: UBS downgrades to neutral, cuts target price to 600.00p. Citigroup downgrades to neutral. JP Morgan Cazenove reiterates to overweight, reduces target price to 739.00p Rsa Insurance Group:

Read more

Broker tips: SSE, Howden Joinery, StanChart

5th Nov 2015 13:26

(ShareCast News) - Lower gas prices spell trouble for utilities companies in Europe, especially so for SSE which will see the pressure pile up on its dividend and undermine its premium rating, Goldman Sachs said. Oversupply in global liquid natural gas markets was set to drive European gas prices do

Read more

N+1 Singer upgrades Howden Joinery to buy from hold

5th Nov 2015 11:16

(ShareCast News) - Howden Joinery managed to skirt the troubles seen elsewhere in the sector since summer and October trading was "outstanding", so the shares have scope to recover after the battering they took on the heels of Travis Perkins´ warning last month, N+1 Singer told clients. Strong tradi

Read more

Thursday broker round-up

5th Nov 2015 09:38

(ShareCast News) - Standard Chartered: Macquarie downgrades to underperform. Target price: 550.00p. Quarto Group Inc: Northland Capital Partners initiates new coverage with a buy, sets target price at 350.00p. Howden Joinery Group: N+1 Singer upgrades to buy. Sabmiller: Societe Generale downgrades

Read more

Howden Joinery says well positioned for full year

5th Nov 2015 08:34

(ShareCast News) - Howden Joinery said it remains well positioned to achieve its expectations for the full year as it reported a good sales performance so far in the second half. The supplier of kitchens and joinery said total revenue at its UK depots rose 12.8% in the second half of the year to 31

Read more

Howden Joinery's CEO sells £6m worth in shares

7th Aug 2015 16:05

(ShareCast News) - The chief executive of Howden Joinery Group made £6.12m after selling 1.25m of his shares in the kitchen trade supplier. Matthew Ingle sold the shares for an individual price of 492.49p, but still holds 4m shares, which represent 0.62% of the company's share capital. The group la

Read more

Friday broker round-up

24th Jul 2015 16:19

(ShareCast News) - Aberdeen Asset Management: JP Morgan Cazenove reiterates neutral stance and trims target to 415p from 435p. SocGen stays at hold but lowers target to 410p from 485p. Jefferies keeps at hold with 405p target, down from 460p. Aggreko: Investec keeps at sell. AG Barr: Investec reite

Read more