Halfords profits set to decline as sales stunted by shortage of mechanics
The bike and car parts seller warned over its profits earlier in the year amid a shortage of skilled workers.
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The bike and car parts seller warned over its profits earlier in the year amid a shortage of skilled workers.
Halfords' investors will be hoping the retailer has made progress in repairing holes in its workforce as it is set to unveil its results
Bicycle and car products retailer Halfords said on Tuesday that it expects to see a rise in sales and profit in the mid term, as it recovers from "challenging conditions".
Halfords has forecast a jump in sales and profit in the mid-term as the bicycle and motor products retailer recovers from 'very challenging conditions'.
Halfords' share price soared over eight per cent this morning as the motoring and cycling giant revealed its sales could top £1.9bn. The Birmingham Halfords is eyeing a greater expansion of its motoring services, including a ‘one one-stop-shop' for motoring ownership