Halfords (GB:HFD) has released an update.
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Halfords Group PLC reported stable performance for the first half of FY25, with like-for-like sales remaining nearly flat amid challenging market conditions. The company achieved an improvement in gross margins through price optimization and strategic measures, and it remains committed to delivering significant cost savings despite ongoing inflation pressures. Halfords continues to prioritize investments in high-return areas, such as its Fusion concept, to support future growth while maintaining a strong balance sheet.
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