November 8, 2018 / 7:19 AM / 13 days ago

Halfords H1 profit hurt by costs, challenging UK market

Nov 8 (Reuters) - British bicycles-to-car-parts retailer Halfords Group Plc reported a 17.1 percent fall in first-half underlying pretax profit, hurt by higher operating costs and a challenging consumer environment.

Halfords, which was founded in Leicester in 1892 and was bought four times before its London market debut in 2004, said underlying pretax profit fell to 30.5 million pounds ($39.97 million) for the 26 weeks ended Sept. 28, from 36.8 million pounds a year earlier. ($1 = 0.7631 pounds)

Reporting by Shashwat Awasthi and Noor Zainab Hussain in Bengaluru; Editing by Gopakumar Warrier

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below