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Inflation hits Howden as overseas sales rise

The kitchen retailer is in expansion mode, but growth does not come easy
July 21, 2023
  • Inflationary pressures hit profit
  • International business offers growth

Howden Joinery’s (HWDN) pre-tax profit sank by over a fifth in the six months to June, but the equity market liked what it saw elsewhere in the half-year results: the kitchen retailer’s share price was up over 4 per cent on the day to a near-52-week high.

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