Halfords Group PLC
30 September 2004
Halfords Group PLC
Pre Close Trading Statement
30 September 2004
Halfords Group, the UK's leading (by turnover) car maintenance, car enhancement,
cycle and travel solutions retailer, is today announcing a trading update for
the 25 weeks to 24 September 2004 in advance of publishing its maiden interim
results on the 25 November 2004 for the 26 weeks to 1 October 2004.
Sales performance for the 25 weeks to 24 September 2004 has seen a 13.0%
increase over the equivalent period in the 2004 financial year with like for
like sales up 11.0%. Excluding stores, which have had a mezzanine added in the
last 12 months, the underlying like for like growth was 10.8%. The sales for
the 26 weeks to 26 September 2003 were £286.3 million. The gross margin
percentage was slightly below the equivalent 25 week period a year ago partly
attributable to sales mix.
The strong sales performance in the second half of last year should be taken
into account when sales for the second half of this year are being considered.
For further information:
David Hamid Halfords Group PLC 01527 513276
Nick Carter Halfords Group PLC 01527 513276
Rachel Lankester Citigate Dewe Rogerson 0207 638 9571
Freida Moore Citigate Dewe Rogerson 0207 638 9571
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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