UK's Halfords rises on forecasting FY27 profit near top end of estimates
Today 08:28
BUZZ-UK's Halfords rises on forecasting FY27 profit near top end of estimates ** Shares of bicycles and car parts retailer Halfords HFD.L rise 16.7% to 210p
** Co forecasts FY27 underlying pre-tax profit towards the top end of a consensus range of £45.7 mln ($60.19 mln) to £52.3 mln
** FY underlying pre-tax of £45.4 mln beat company-compiled analyst consensus of £40.3 mln, as its turnaround strategy gained traction
** Six analysts rate the stock a "buy" or better, and one "hold"; median PT 190 pence - data compiled by LSEG
** As of last close, stock up ~28% YTD
($1 = 0.7592 pounds)
(Reporting by Amna Mariyam in Bengaluru)
((amna.mariyam@thomsonreuters.com; 8448625620))
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Brief: Halfords Expects Fy27 Underlying Pbt To Be Around Top End Of Consensus Range