REG-Halfords Group PLC Halfords Group PLC: Trading update for the 26 weeks to 26 September 2025

HalfordsAnnouncement

Today 07:00

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   Halfords Group PLC (HFD)
   Halfords Group PLC: Trading update for the 26 weeks to 26 September 2025

   22-Oct-2025 / 07:00 GMT/BST

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   22 October 2025

                               Halfords Group plc

         Trading update for the 26 weeks to 26 September 2025 (“HY26”)

                                        

                Sustained progress in H1 with outlook unchanged

    

   Halfords Group  plc, the  UK’s leading  provider of  motoring and  cycling
   products and services, is pleased to provide the following trading  update
   ahead of its interim results:

    

     • Positive like-for-like (“LfL”) sales growth of +4.1% with Retail +4.0%
       LfL and Autocentres +4.3% LfL  (reported Group sales growth of  +3.3%,
       Retail +3.3% and Autocentres +3.4%). 1  1 , 2  2 
     • Gross margin  expansion year-on-year,  building on  the strong  result
       delivered in  FY25, partly  driven  by planned  cost savings  to  help
       mitigate inflationary pressures.
     • Strong  cash  generation  and  disciplined  stock  management  further
       strengthening the balance sheet from the net cash position reported at
       FY25.
     • Full year  outlook unchanged:  we  remain comfortable  with  published
       consensus. 3  3 

    

   Interim results published  on 27 November  will be accompanied  by a  more
   detailed Group strategy update.

   Henry Birch, Chief Executive, said:

   “I am very pleased with our progress in the first half of FY26 and want to
   thank all our colleagues for their efforts in delivering this performance.
   I am looking forward to  sharing our plans for  the future at our  interim
   results announcement next month.”

    

   For further information:

   Investors

   Holly    Cassell,     Director     of     Corporate     Affairs           
    4 investor.relations@halfords.co.uk

   Media

   Rob Greening, Sodali & Co.         5 halfords@sodali.com

   Notes to Editors                   

   Halfords is the UK’s leading provider of motoring and cycling services and
   products. We  operate via  370 Halfords  stores, two  Performance  Cycling
   stores (trading  as Tredz),  498  consumer garages  and  a network  of  92
   commercial fleet locations nationwide. Customers also have access to c.250
   mobile service vans (trading as  Halfords Mobile Expert and National)  and
   c.500 commercial vans. Customers can shop at halfords.com and  tredz.co.uk
   for pick up  at their  local store  or direct  home delivery,  as well  as
   booking garage  services online  at halfords.com.  Through its  subsidiary
   Avayler, Halfords  also sells  the Group’s  bespoke, internally  developed
   software as a SaaS solution to major clients worldwide.

    6 www.halfords.com                              7 www.avayler.com        
     8 www.tredz.co.uk        9 www.halfordscompany.com

   Cautionary statement

   This report contains  certain forward-looking statements  with respect  to
   the financial condition, results of operations, and businesses of Halfords
   Group plc. These  statements and forecasts  involve risk, uncertainty  and
   assumptions because they  relate to events  and depend upon  circumstances
   that will occur in the  future. There are a  number of factors that  could
   cause actual  results  or developments  to  differ materially  from  those
   expressed  or   implied  by   these  forward-looking   statements.   These
   forward-looking  statements  are  made  only  as  at  the  date  of   this
   announcement. Nothing in this announcement should be construed as a profit
   forecast. Except as required by law, Halfords Group plc has no  obligation
   to update the  forward-looking statements or  to correct any  inaccuracies
   therein.

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    10  1  Autocentres ex-Avayler.

    11  2  The Group has two reporting segments: Autocentres (c.40% of Group
   revenue) and Retail (c.60%, across Motoring and Cycling). Motoring across
   both segments represents c.80% of total sales.

    12  3  Company-compiled consensus expects underlying PBT of £36.0m to
   £39.8m in FY26.

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00B012TP20
   Category Code:  TST
   TIDM:           HFD
   LEI Code:       54930086FKBWWJIOBI79
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   405773
   EQS News ID:    2216432


    
   End of Announcement EQS News Service

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References

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