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Howden Joinery Says Trading Stronger Than Anticipated; Lifts FY20 Pre-tax Profit View

Howden Joinery Group Plc (HWDN.L) said that trading has been stronger than anticipated with good profit and cash performance, since the company's announcement on 9 December 2020.

Looking ahead for fiscal year 2020, the company now expects profit before tax to be about 185 million pounds. Previously, the company expected annual profit before tax to be about 10% above the top end of analyst forecasts of 123 million pounds - 152 million pounds.

The company expects to release its 2020 preliminary results, including an update on market conditions, on 25 February 2021.

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