Halfords increases sales, reduces profits
Halfords has reported a 1.9 per cent increase in its sales for the six months to 28th September. Total sales were £600 million but profits had fallen by 23 per cent over the same period last year. CEO Graham Stapleton said: "Despite the challenging UK consumer environment, we delivered a robust sales and cash flow performance in the first half, with costs and profits broadly in line with our expectations. We are moving to a more customer-centric approach, leveraging our expertise to provide a more differentiated shopping experience and an integrated and more convenient services offer."
To read more coverage on Halfords, in general, simply use the search bar on the top right of this page. To view any articles, you will need to subscribe.