Financial highlights:
Howden Joinery UK depot revenue £539.5m (2016: £518.9m), an increase of 4.0% and 2.4% on a same depot basis. Group revenue was £553.0m (2016: £528.9m);
Gross profit margin 64.1% (2016: 64.5%), stable on FY 2016 and including £12m of currency costs;
Operating profit £66.6m (2016: £74.7m), reflecting expected costs due to new distribution centre and new product introduction programme;
Basic earnings per share 8.4p (2016: 9.1p);
£11.3m returned to shareholders by 9 June 2017 as part of a £80m share buyback programme announced in February 2017;
Net cash of £215.1m at 10 June 2017 (24 December 2016: £226.6m net cash; 11 June 2016: £182.7m net cash), including repurchasing of shares and capital expenditure;
Interim dividend 3.6p per share (2016: 3.3p).
