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Halfords on track to meet profit forecast as bike sales grow

Thu, 16th Jan 2020 07:05

LONDON, Jan 16 (Reuters) - British bicycles and car products
retailer Halfords said it was on track to meet profit
forecasts, as underlying cycling sales grew 5.9% in the 14 week
period to Jan. 3 and its autocentres also performed strongly.

For the full-year 2020, the company said underlying pretax
profit would come in in the range of 50 million to 55 million
pounds, in line with guidance.
(Reporting by Elizabeth Howcroft; editing by Sarah Young)

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