Further Dublin outlets will open this year in Ballyfermot, Ballymount, Glasnevin, Swords and in Bray, Co Wicklow, next year
Howden Joinery, the biggest supplier of kitchen units to the UK construction trade will open the doors of its first Irish depot this week.
The stock market listed company said last year it would expand into the Irish market in 2022 to “test demand”.
The first of six planned trade outlets is now opening at Sandyford, in the Stillorgan Industrial Estate.
The group’s CEO Andrew Livingston said the expansion here is targeted purely at the building trade.
“Selling only to the trade means we can ensure that our expertly crafted products are fitted to the highest possible standard, and enable our locally-managed depots to build long-lasting partnerships with trade professionals in the community,” he said.
Further Dublin depots will open this year in Ballyfermot, Ballymount, Glasnevin, Swords and in Bray, Co Wicklow in January 2023, the company said.
Howden also plans to open around 25 new depots each in the UK and France this year as well as refurbishing around 70 older UK depots.
In its home market Howden Joinery supplies kitchen units mostly to the UK trade market along with other joinery products such as doors, wardrobes, architraves and components.
The stock market-listed firm’s financial results for 2021 showed a surge in revenue to £2bn (€2.4bn), up 35pc on the previous year, with profit before tax of £390m.
In the UK, Howden has more than 750 depots, typically of an average size of around 10,000 sq ft. It has previously announced plans to increase that number to 900, including 25 to 28 in Northern Ireland, in addition to entering the market in the Republic.
There are also depots in France and Belgium. Last year alone the group opened more than 40 new depots, bringing the total to 778.
In an investor update issued at the end of April the kitchen supplier reported increased revenues of 21.8pc in the first 16 weeks of 2022 compared to the equivalent periods last year.
Revenue growth reflected both increases in prices and volume, it said.
“We are mindful that it is still early in the financial year and our second half includes our all-important peak trading period,” Andrew Livingston, chief executive said
“In addition, given an uncertain macro-economic environment, including rising inflation and energy costs we are staying vigilant for any potential headwinds in our markets.
“However, we remain confident in our business model and with the strong start to the year, the group remains on track with its outlook for 2022,” he said.