Interim Report HALFORDS GROUP PLC reports results 2025

2025-11-27 · Stocks · QuoteReporter

The stocks discussed are traded on the London Stock Exchange (LSE). On November 27, 2025, Halfords Group PLC announced its interim results for the 26 weeks ending September 26, 2025. The Group reported a total revenue of £893.3 million, reflecting a year-on-year increase of 3.3% from £864.8 million in the same period last year. On a like-for-like (LfL) basis, revenue growth was slightly higher at 4.1%, driven by robust performances in the Cycling segment, which saw a 9.0% increase in LfL sales.

Retail revenue contributed £533.2 million, up 3.3% from £516.1 million, while Autocentres revenue rose by 3.3% to £360.1 million. However, Motoring revenue remained relatively stable at £324.3 million, showing a marginal decline of 1.1% compared to the previous year. The Group’s gross margin improved by 200 basis points to 51.4%, up from 49.4% in the prior year, indicating effective cost management strategies.

Underlying profit before tax for the first half of the financial year was £21.2 million, a slight increase of 1.0% from £21.0 million in HY25. In contrast, reported profit before tax decreased by 3.4% to £17.2 million, down from £17.8 million in the prior year. The underlying basic earnings per share (EPS) rose by 3.9% to 7.9 pence, compared to 7.6 pence in HY25. The Group declared an interim dividend of 3.0 pence per share, unchanged from the previous year, reflecting a commitment to returning value to shareholders.

The financial results indicate a strong performance in the first half of FY26, with management expressing confidence in meeting full-year expectations for underlying profit before tax in line with consensus estimates. The Group anticipates capital expenditures to remain within the guided range of £60 million to £70 million for the full year.

Halfords’ strategic initiatives, particularly in the Cycling segment and the rollout of its Fusion garage concept, have contributed positively to its revenue growth. The Group’s focus on enhancing customer experience and expanding its service offerings is expected to drive further growth. The appointment of Sarah Haywood as Chief Information Officer is also seen as a strategic move to bolster the Group’s technology capabilities.

In summary, Halfords Group PLC’s interim results reflect a solid financial performance with year-on-year growth in revenue and underlying profit, despite challenges in the motoring segment. The consistent dividend declaration and positive guidance for the remainder of the fiscal year underscore the Group’s commitment to delivering shareholder value while navigating an evolving market landscape.

Original Announcement

Title: Halfords Group PLC: Interim Results for the 26 weeks to 26 September 2025
Date: 2025-11-27
Source: London Stock Exchange