Howden Joinery Group First Half 2024 Earnings: EPS: UK£0.15 (vs UK£0.15 in 1H 2023)

Howden Joinery Group (LON:HWDN) First Half 2024 Results

Key Financial Results

• Revenue: UK£966.3m (up 4.3% from 1H 2023).
• Net income: UK£84.4m (flat on 1H 2023).
• Profit margin: 8.7% (down from 9.1% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.15 (in line with 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Howden Joinery Group Earnings Insights

Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in the United Kingdom are expected to remain flat.

Performance of the British Trade Distributors industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Howden Joinery Group that you need to take into consideration.

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