FTSE 100 Live: Babcock Shares Jump on Strong Results, Halfords Beats Guidance
UNITED KINGDOM, JUN 25 – Halfords’ 6.4% profit increase to £38.4 million was driven by £35 million in cost savings and growth in its Autocentres division and Fusion strategy, the company said.
8 Articles
8 Articles
Halfords posts stronger than expected profits - London Business News
Halfords has posted stronger than expected profits and in the year to 28 March underlying pre-tax profits rose by 6.4% to £38.4 million. Shareholders were told that the increase to… The post Halfords posts stronger than expected profits appeared first on London Business News
Halfords profits rise 6.4% to £38.4m in FY25
Halfords has reported that its underlying profit before tax rose 6.4% to £38.4m for the year ended 28 March 2025, above the previously guided £32m to £37m range. Alongside this, its group sales rose 2.5% on a like-for-like basis while its overall revenues inched up 0.1% to £1.72bn. However, the company did post a reported loss of £30m primarily due to a non-cash goodwill impairment driven by the impact on discount rates of an increase in UK gilt…
Halfords revenue creeps higher as profits beat guidance, dividend hiked
Halfords issued a very respectable set of preliminary results on Wednesday, reflecting delivery on their strategy and success in fighting off the impact of inflation. Underlying profit before tax rose 6.4% to £38.4m—beating analyst guidance as group sales rose 2.5% on a like-for-like basis. Halfords shares were marginally higher at the time of writing. The […] The post Halfords revenue creeps higher as profits beat guidance, dividend hiked appea…
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