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Howden Joinery H1 Group Revenue Down 28.7% - Quick Facts

Howden Joinery Group Plc (HWDN.L) reported first half group revenue of £465.0 million, down 28.7% compared to £652.6 million generated last year, significantly impacted by the COVID-19 pandemic.

Loss before tax was £14.2 million versus a profit of £78.1 million in the same period of last year. Basic loss per share totaled 1.8p versus a profit of 10.3p last year.

Chief Executive, Andrew Livingston, said, "Howdens performance in the first half of 2020 was materially impacted by COVID-19, with sales for the period being significantly lower than last year. The shortfall in sales all occurred in the second quarter, which coincided with the start of lockdown in the UK, and led to us making an overall loss of £14m in the first half..."

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