FTSE 100 newcomer Howden Joinery allayed fears of a slower home improvement market today by revealing "good momentum" heading into its peak trading period.
The supplier of kitchens and joinery products also cheered investors by estimating its target market in the UK is much larger than it originally thought.
Howden shares have come off the boil this year but rose 9.4p to 638.4p today after a reassuring set of interim results. The figures included pre-tax profits 21.6% higher than last year and up 86% on 2019's pre-pandemic level at £145 million.
Esta historia es de la edición July 21, 2022 de Evening Standard.
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