MOTOR parts and bike retailer Halfords has more than doubled its profits in the first year since it floated on the stock market.

The company said pre-tax profits had soared to £64.1 million in the year to April 1, from £27.8 million, after an 8.9% rise in underlying sales.

It also said its biggest driver was in-car technology, such as DVD systems, satellite navigation and radar detection equipment.