Autocentres accelerate Halfords sales

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Sales at Halfords jumped during its latest financial quarter, driven by significant growth in its Autocentres division.

The company has reported a total group revenue rise of 11.5 per cent for the 13 weeks to 1 January 2021.

Retail sales increased 7.7 per cent while Autocentres surged by 30.5 per cent over the same period.

On a like-for-like basis, group sales increased 11.7 per cent while retail jumped 9.8 per cent and Autocentres grew by 21.1 per cent.

The listed company also revealed an online growth of 76 per cent.

Halfords completed the refinancing of a £180m revolving credit facility in December 2020.

Chief executive Graham Stapleton said: "We are pleased to have delivered a strong

 link source - Insider Media

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