Halfords Group PLC: Interim Results for the 26 Weeks to 26 September 2025

Halfords Group PLC, a leader in motoring and cycling services, reported its interim results for the 26 weeks ending 26 September 2025. The company posted a 4.1% like-for-like group revenue increase to £893.3 million, driven by a standout performance in the cycling segment, which surged by 9.0%.

The gross margin saw a 200 basis point rise to 51.4%, with underlying profit before tax slightly increasing to £21.2 million. However, reported profit before tax dipped by 3.4% to £17.2 million.

Operationally, Halfords continues to expand its Fusion garage networks, with 79 sites contributing to an increase in consumer engagement. The Halfords Motoring Club now boasts approximately 6 million members.

Strategically, Halfords plans to leverage its technology and data capabilities to enhance customer experiences. The outlook for FY26 remains positive, aligning with market expectations for profit while maintaining capital expenditures within £60-70 million.