Halfords raises 2025 profit forecast to £32-37M, citing better sales and cost savings.

UK retailer Halfords has raised its fiscal 2025 profit expectations to between £32 million and £37 million, up from £28.3 million, citing better sales and cost savings. The company's Retail division saw strong growth in cycling products, while the Autocentres division benefited from colder weather, boosting motoring product sales. Despite these improvements, Halfords remains cautious about the UK's economic outlook due to recent budget changes.

2 months ago
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