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Halfords Group plc (HLFDY)
- Yahoo Finance UK
Halfords shares soar after snapping up National Tyres for £62m
The deal will make the parts and servicing retailer the largest vehicle service, maintenance and repair business in the UK.
- Yahoo Finance UK
Halfords pushes higher on lifted profit guidance
The bikes-to-car parts and servicing retailer now expects full-year profit of between £80m to £90m, compared with its previous guidance of £75m.
- Reuters
UK's Halfords bumps up profit outlook ahead of Christmas
Halfords shares jumped 11% by 0843 GMT, on track for their best day since September last year. The company, which has benefited from a surge in cycling during the COVID-19 pandemic, said it now expects earnings in its 2022 financial year to be between 80 million pounds ($108.3 million) and 90 million pounds, up from a previous forecast of 75 million pounds. Britons picked up cycling for its health benefits as well as to avoid public transport during the health crisis, with data from research company Statista showing the number of people cycling for sport, leisure or travel rose above 7.5 million in England last year.
