27 November 2024 - interim results
We suggested that it was too early to buy shares in Halfords following the trading statement last month when the share price stood at 154.5p. This advice proved sound as the shares have subsequently fallen to under 130p! However, the interim results covering the 26 weeks to 27 September have shown that the company has proved resilient despite the tough trading conditions. Revenue for the period was down just 1% on the previous year at £864m with underlying pre-tax profits down a similar amount to £21.0m. Earnings per share on the same . . .
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