Halfords delivers sales growth despite market headwinds

Halfords Derby  1

Halfords has reported growth in sales and market share in the 52 weeks ending March 2023 as investments in competitive pricing and a loyalty scheme paid off.

The motoring and cycling specialist reported underlying EBITDA of £186m and profit before tax of £51.5m in the 12 months to March 2023, down £21.1m and £38.3m respectively compared with last year.

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