Fleet News

All hail Halfords

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.

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