Howdens' shares leap after sales in line with last year's record

When your previous year's sales were at a record high due to a pandemic-fuelled home improvement frenzy, simply maintaining that performance is impressive in itself. So it was for Howden Joinery (HWDN), whose shares leapt 8 per cent on the morning of its preliminary results after it posted flat revenue on its record performance in 2022. For context, the figure remains 46 per cent up on 2019.