Jump to content

Howdens Joinery

Edit links
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Dormskirk (talk | contribs) at 18:42, 22 September 2023 (promoted). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Howden Joinery Group plc
Company typePublic
IndustryFurniture
Founded1995
FounderMatthew Ingle
HeadquartersLondon, England, UK
Key people
Peter Ventress, (Chairman)
Andrew Livingston, (CEO)
ProductsKitchens, joinery, hardware, flooring, appliances, bathroom furniture
RevenueIncrease £2,319.0 million (2022)[1]
Increase £415.2 million (2022)[1]
Increase £374.2 million (2022)[1]
Websitewww.howdenjoinerygroupplc.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[2] as a business unit within MFI Furniture Group plc (MFI) in 1995.[3] It started trading with 14 depots.[4] In October 2006, MFI sold its loss-making MFI retail business to Merchant Equity Partners for £1, whilst retaining Howdens.[5][6] At the same time, the name of MFI was changed to Galiform plc.[5]

In 2007, Howdens' own appliance brand, Lamona, was launched.[4]

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.[7] However, by December 2012 the legacy properties had been reduced by over 80%.[8]

In September 2010, Galiform changed its name to Howden Joinery Group plc.[9] Howdens was granted a Royal Warrant as a Supplier of Fitted Kitchens by Appointment to Queen Elizabeth II in January 2015,[10] and was chosen as one of The Sunday Times 25 Best Big Companies to Work For in 2020.[11]

In July 2017, the company announced the retirement of Matthew Ingle, after twenty two years at the company,[12] and the appointment Andrew Livingston who joined as chief executive in January 2018.[13] In September 2019, Howdens refreshed the creative execution of the brand – with a new logo and the removal of "Joinery" from the brand mark.[14]

The brand was listed as a Business Superbrand in September 2019.[4]

Operations

The company has 808 depots nationwide, that sell to the trade (small builders). It also trades as Howdens Cuisines from 60 depots in France and Belgium.[1]

Howdens sells kitchens (including worktops, flooring, appliances, sinks, taps and lighting), joinery, hardware, tools, and bathroom cabinetry. It offers a free home survey and planning service.[15]

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.[16]

References

  1. ^ a b c d "Preliminary Results 2022". Howdens Joinery. Retrieved 24 February 2023.
  2. ^ "Howdens founder and CEO Matthew Ingle to retire". 7 July 2017. Retrieved 19 September 2019.
  3. ^ "Onwards and upwards - Timber Trades Journal Online". www.ttjonline.com. Retrieved 24 September 2019.
  4. ^ a b c "Howdens Joinery". Superbrands. Retrieved 24 September 2019.
  5. ^ a b "MFI sells store chain in £1 deal". 22 September 2006. Retrieved 24 September 2019.
  6. ^ Treanor, Jill (23 September 2006). "MFI sold for £1 and repackaged as Galiform". The Guardian. ISSN 0261-3077. Retrieved 24 September 2019.
  7. ^ 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.
  8. ^ "Massive Dividend Increase from Howden Joinery". www.dividendmax.com.
  9. ^ "Sturdy trading at Howden". Investors Chronicle. 4 March 2011. Retrieved 24 September 2019.
  10. ^ "Howden Joinery Ltd | Royal Warrant Holders Association". www.royalwarrant.org. Retrieved 24 September 2019.
  11. ^ "Best Companies | Howdens". www.b.co.uk.
  12. ^ "Founder of FTSE 250 joinery Howdens to step down". www.ft.com. 6 July 2017. Retrieved 30 March 2020.
  13. ^ "Andrew Livingston to join Howdens as CEO by end of the month". www.diyweek.net. Retrieved 25 September 2019.
  14. ^ "Howdens Takes a Step Into the Screwfix Backyard". Insight DIY. 5 April 2019. Retrieved 29 March 2020.
  15. ^ "Howdens Joinery Kitchens". Which?. Retrieved 25 September 2019.
  16. ^ "FSC Public Search". info.fsc.org. Retrieved 25 September 2019.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Howdens_Joinery&oldid=1176591683"