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Halfords profit more than doubles on British cycling boom

Wed, 18th Nov 2020 07:11

LONDON, Nov 18 (Reuters) - British bicycles and car products
retailer Halfords on Wednesday reported a more than
doubling in first-half profit, boosted by a COVID-19-driven
cycling boom.

The firm said it made an underlying pretax profit of 56
million pounds ($74.3 million) in the six months to Oct. 2, up
from 25.9 million pounds in the same period last year.
($1 = 0.7538 pounds)
(Reporting by James Davey; Editing by Kate Holton)

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