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Halfords Group PLC (HFD.L)

HFD.L on London Stock Exchange

339.00GBp
25 May 2018
Change (% chg)

13.60 (+4.18%)
Prev Close
325.40
Open
327.80
Day's High
339.80
Day's Low
325.00
Volume
1,050,851
Avg. Vol
608,473
52-wk High
391.00
52-wk Low
305.40

Latest Key Developments (Source: Significant Developments)

Halfords names former BA CEO Keith Williams as new chairman
Tuesday, 22 May 2018 02:02am EDT 

May 22 (Reuters) - Halfords Group PLC ::APPOINTMENT OF NON-EXECUTIVE CHAIRMAN.PLC ANNOUNCES APPOINTMENT OF KEITH WILLIAMS AS NON-EXECUTIVE CHAIRMAN WITH EFFECT FROM CONCLUSION OF ANNUAL GENERAL MEETING ON 24 JULY 2018..AS PREVIOUSLY INDICATED, DENNIS MILLARD WILL HAND OVER AND RETIRE FROM BOARD ON THAT DATE AFTER SERVING AS CHAIRMAN FOR NINE.KEITH BRINGS EXTENSIVE LEADERSHIP AND PLC BOARD EXPERIENCE, HAVING BEEN CHIEF EXECUTIVE OFFICER AND THEN EXECUTIVE CHAIRMAN OF BRITISH AIRWAYS FOR A NUMBER OF YEARS..  Full Article

Halfords holds profit expectation after Christmas sales rise
Thursday, 19 Jan 2017 02:14am EST 

Halfords Group : Group revenue +11.4%, with retail LFL +7.0% and Autocentres LFL -0.6% . Q3 strong LFL service-related sales growth of +13.7% and group online sales LFL of +16.3% . There is no change to our expectation of group profit before tax for current financial year, which is in line with market consensus . Board has approved a special dividend of 10 pence per share, totalling approximately £20m .Very pleased with strong sales performance across our business in important Q3 of year.  Full Article

Halfords says group revenue for 20 weeks to Aug 19 up 4.8 pct
Tuesday, 6 Sep 2016 02:00am EDT 

Halfords Group Plc : Updates market on its trading performance for 20-week period to 19 August 2016 . Group revenue +4.8pct, with retail +4.8pct and autocentres +4.6pct . Strong service-related sales growth of 13.9pct . Robust motoring sales against strong comparatives . Car maintenance growth driven by bulbs, blades and batteries and new motorcycle ranges . In car enhancement, dash cam sales growth remains strong, but was offset by continuing decline in sat nav sales . Travel solutions delivered good growth across category, particularly child safety seats and roof boxes . Strong cycling sales during late july and august, helped by new ranges and a deeper promotion, which more than offset slower sales earlier in year . Premium bikes in strong growth throughout year to date . Total cycling sales across group grew by 11pct, reflecting cycle republic store openings and addition of tredz, which continued to perform well since acquisition . Improved parts, accessories and clothing ('pacs') performance with group sales up 6pct . All guidance for full year remains unchanged. ."Good growth in cycling sales during peak summer period was supported by new ranges, strong promotional activity, good weather and success of Halfords' olympic cycling heroes" - CEO.  Full Article

Halfords flags possible further currency hit
Thursday, 14 Jul 2016 02:00am EDT 

Halfords Group : Trading performance for the 13-week period to 1 July 2016 . Group revenue +2.1%, with retail +1.5% and autocentres +5.9% . Adjusting for timing of Easter, LFL revenue was group 0.0%, retail -0.2% and Autocentres +1.7% . In June we outlined a net impact of £3m on profit for FY17 at a USD:GBP rate of 1.45 . We now have over 75% of our FY17 purchases hedged at around 1.45. . If USD:GBP rate continues to be weaker than 1.45 it may have a small further impact later in this financial year, depending on the extent to which it can be mitigated .All other financial guidance and financial targets that we published on 1 June remain unchanged.  Full Article

Britain's FTSE builds on record as financials, miners advance

LONDON, May 22 The UK's top share index ventured further into new territory on Tuesday as shares in financials rose and miners were buoyed by a weaker dollar, though a number of smaller British retailers suffered after giving updates.