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 moreHowden 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 moreFriday 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 moreHowden Joinery posts rise in first-half revenue but operating profit disappoints
23rd Jul 2015 10:55
(ShareCast News) - Shares in kitchen trade supplier Howden Joinery fell despite the company posting a rise in pre-tax profit and revenue and saying it was well-placed to achieve expectations for the full year, with analysts pointing to disappointment over the operating profit. Pre-tax profit came in
Read moreSector movers: Mining shares, Vodafone chatter edge FTSE 100 towards record high
22nd May 2015 13:46
Mining and telecommunications shares, with the latter led by Vodafone, edged the FTSE 100 towards a record high on Friday. With the weekend closing bell in sight, at 16:15 BST, the blue chip index was up 0.55% or 38.24 points at a fresh record high of 7051.71. Chatter over Vodafone's possible merger
Read moreFTSE 250 movers: JustEat surges on Munlog offer, miners higher
22nd May 2015 13:15
UK stocks were retained gains on Friday, buoyed by higher commodity prices and data revealing the US remained in deflation last month. Sector-wise gains made by miners, engineers and telecoms stocks outweighed weakness in technology and travel stocks. As of 15:30 BST, the FTSE 250 was trading 68 po
Read moreBroker tips: BHP Billiton, BP, Building materials sector
22nd May 2015 11:39
Investec has upgraded its stance on BHP Billiton from 'sell' to 'hold' following the spin-off of the miner's South32 portfolio this week, as well as recent reduced capital and operating cost guidance. While many of BHP's remaining key commodities at prices not seen since 2009, the broker said: "We e
Read moreLondon midday: Stocks hold on to gains before US CPI, Vodafone continues to rise
22nd May 2015 11:23
UK stocks held on to gains on Friday ahead of some key economic data from the States, which is forecast to show that the US remained in deflation last month. Strong gains from Vodafone, HSBC and a host of stocks in the mining sector were supporting markets in London. The FTSE 100 was up 0.37% at 7,
Read moreJefferies turns positive on building materials stocks
22nd May 2015 11:20
Shares of building materials peers Wolseley, Travis Perkins, Howden Joinery and Grafton Group were all on the rise on Friday after Jefferies took positive stance on the sector. With equity markets more buoyant, the broker admitted that its previous valuation metrology was "too cautious", as it upgra
Read moreHowden on track to meet annual targets, posts 9% rise in first quarter revenue
30th Apr 2015 11:41
Howden Joinery Group, the kitchen and joinery products supplier, said it was confident of meeting annual targets after trading in line with expectations so far this year. The London-listed group said revenue in the first quarter was up 9.4% year-on-year and had increased 7% on a same depot basis. T
Read moreHowden Joinery CFO sells £2.87m worth of shares
14th Apr 2015 15:44
The deputy chief officer and chief financial officer of Howden Joinery Group and his wife sold £2.87m worth in shares in the company. Mark Robson sold 137,453 shares for an individual price of 465.1p while his wife Rachel Robson sold 482,434 shares for 462.8p each, bringing home a total of £2.87m.
Read moreHowden Joinery hikes dividend and unveils buyback after excellent year
26th Feb 2015 08:18
After an excellent year in 2014, kitchens and joinery depot chain Howden Joinery has looked to share results of its strengthening cash flow via a larger dividend and £70m share buyback. Full year results from FTSE 250 group showed sales not only topped £1bn for the first time, as recently foreshadow
Read morePanmure highlights improving newsflow for construction stocks
17th Feb 2015 08:14
Panmure Gordon has maintained an 'overweight' position on UK construction stocks on the back of an improving outlook, as it highlighted SIG as its top pick in the sector. "Architects billings growth (ONS data), project awards data (Barbour Index) and construction employment vacancies point to a heal
Read moreLondon midday: ECB stimulus hope drives gains, Tesco jumps 10%
8th Jan 2015 11:52
UK stocks surged strongly on Thursday amid hopes for more central-bank stimulus in Europe, assisted by strong gains from supermarket heavyweight Tesco as investors welcomed its turnaround plan and resilient Christmas sales. London's FTSE 100 was trading 1.6% higher at 6,522 by midday. The announcem
Read moreHowden Joinery lifts profit expectations
8th Jan 2015 08:00
Retailer Howden Joinery fired out an unscheduled trading statement to reveal that it expected profits for the full year will beat market expectations. The kitchens and joinery seller said the good trading performance it had hitherto reported in 2014 had continued for the remainder of the year, with
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