WORCESTERSHIRE car accessories and cycle retailer Halfords today looked on course for strong half-year results after sales raced ahead during the last six months.
The Redditch-based company, which made its debut on the London Stock Exchange in June, said like for like sales of its products had increased by 11 per cent in the 25 weeks to September 24.
The gross margin percentage was slightly below the equivalent 25-week period a year ago though. This has partly been attributed to a different sales mix.
Seymour Pierce analyst Rhys Williams said he was now looking for full-year profits of £79m, up from a previous forecast of £75.7m.
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