Feb 25, 2021 / 08:30AM GMT
Andrew Livingston - Howden Joinery Group Plc - CEO & Director
Good morning, everyone, and welcome to Howdens 2020 results presentation. I will begin by introducing our 2020 performance. Paul Hayes, our new group CFO, will then review our financial results for the year. I will then share my perspectives on our 2020 performance and our plans for 2021, and then we'll take questions.
Howdens has performed well during a challenging year that has been significantly impacted by COVID-19. We adopted to COVID trading conditions while investing in and progressing our strategic plans for the business. Our performance demonstrates the strengths of our trade-only business model and our ability to continue to evolve the business whilst prioritizing the health and well-being of our staff and customers.
The results for the year reflects the quarter 2 spring lockdown period, followed by a year-on-year increase in second half sales and profit. U.K. sales in the first half were 29% lower than in 2019, with all of the shortfall attributable to trading in the second quarter. U.K. second half sales
Full Year 2020 Howden Joinery Group PLC Earnings Call Transcript
Feb 25, 2021
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