Half-year Results

Halfords Group plc reported a strong first half for the 26 weeks ending 26 September 2025, with group revenue increasing by 3.3% to £893.3 million and like-for-like sales up 4.1%, driven by an 8.8% rise in cycling revenue to £208.0 million and a 3.3% increase in Autocentres revenue to £360.1 million. Gross margin expanded by 200 basis points to 51.4%, contributing to an underlying profit before tax of £21.2 million, a 1.0% increase year-on-year. The company generated £27.6 million in free cash flow, strengthening its net cash position to £18.6 million, and declared an interim dividend of 3.0p per share, in line with the previous year. Halfords remains on track to deliver its full-year expectations.