In the year to 29 March Halfords reported an 18.3% fall in underlying pre-tax profits of £36.1 million.
Chief executive Graham Stapleton highlighted the Autocentres business as a standout performer, despite challenges in the tyre market.
Charlie Huggins mentioned that Halfords faced stagnant growth, impacted by low consumer confidence, rising costs, competitive pressures, and post-pandemic changes in demand.
The outlook for Halfords in 2025 appears challenging, with continued cautious consumer behavior, inflationary pressures, and heightened competition affecting the company's performance.
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