Halfords Group (HFD)

Sector:

Retailers

Index:

FTSE Small Cap

402.00p
   
  • Change Today:
    -24.20p
  • 52 Week High: 432.60
  • 52 Week Low: 130.00
  • Currency: UK Pounds
  • Shares Issued: 199.12m
  • Volume: 1,592,635
  • Market Cap: £800.45m
  • RiskGrade: 239

Halfords reports trading stronger than expected

By Sean Farrell

Date: Monday 01 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Halfords said trading was stronger than it had expected as its Autocentre garage business registered strong demand.
The vehicle maintenance and bike seller said annual pretax profit would be between £90m and £100m after business was better than expected in the first seven weeks of its final quarter.

Halfords said it would repay all the £10.7m of furlough money from the government and that its profit guidance took account of the repayment.

The group's shares rose 11.9% to 324p at 08:15 GMT.

The company said in mid-January that growth had weakened because of Covid-19 lockdowns hitting motoring demand and delays to stock arriving because of logistics holdups. At the time it said the outlook was too uncertain to provide profit guidance.

In the seven weeks to 19 February group like-for-like revenue rose 6.2%. Income rose 5.1% at the retail business and 13.3% at Autocentres, Halfords said on Monday.

"Although we have continued to experience a volatile trading environment across the first seven weeks of Q4, overall trading has been stronger than we initially anticipated across the business," Halfords said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Halfords Group Market Data

Currency UK Pounds
Share Price 402.00p
Change Today -24.20p
% Change -5.68 %
52 Week High 432.60
52 Week Low 130.00
Volume 1,592,635
Shares Issued 199.12m
Market Cap £800.45m
RiskGrade 239

Halfords Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.77% above the market average7.77% above the market average7.77% above the market average7.77% above the market average7.77% above the market average
40.43% above the sector average40.43% above the sector average40.43% above the sector average40.43% above the sector average40.43% above the sector average
Price Trend
86.98% above the market average86.98% above the market average86.98% above the market average86.98% above the market average86.98% above the market average
96.23% above the sector average96.23% above the sector average96.23% above the sector average96.23% above the sector average96.23% above the sector average
Income
30.03% above the market average30.03% above the market average30.03% above the market average30.03% above the market average30.03% above the market average
46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average46.15% above the sector average
Growth
88.92% above the market average88.92% above the market average88.92% above the market average88.92% above the market average88.92% above the market average
87.76% above the sector average87.76% above the sector average87.76% above the sector average87.76% above the sector average87.76% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Halfords Group Dividends

  Latest Previous
  Final Interim
Ex-Div n/a 05-Dec-19
Paid n/a 17-Jan-20
Amount 5.00p 6.18p

Trades for 18-Jun-2021

Time Volume / Share Price
16:47 810 @ 402.00p
16:35 521,725 @ 402.00p
16:29 489 @ 403.87p
16:29 387 @ 402.80p
16:29 32 @ 403.00p

Halfords Group Key Personnel

CEO Graham Stapleton
CFO Loraine Woodhouse

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