Friday, 4 March 2011

Kitchens: Gross margin focus drives Howden profits

Howdens business model is built on supplying small scale builders who in turn service the residential kitchens market.

via Kitchens: Gross margin focus drives Howden profits | The Furnishing Report.

Great end of year results for the trade kitchen supplier Howdens.  They seem to have found the way to make good margin is by dealing with the people who are fitting the kitchens and letting them deal with the end user.

They aim to have 650 stores nationwide, very impressive!

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