Trading Statement

Halfords Group PLC 06 April 2006 6 April 2006 Halfords Group plc Trading Update Halfords, the UK's leading auto, leisure and cycling products retailer, today releases a trading update for the 52 weeks to 31 March 2006. Sales in the 52 weeks to 31 March 2006 have increased by 8.4% compared with the equivalent period last year, with like-for-like sales growing by 6.1%. Halfords' strong position in the fast growing in-car technology sector has continued to drive sales in Car Enhancement. Car Maintenance remains resilient and also continues to trade positively. In the Leisure category, customers have reacted well to the launch of the new Apollo and Carrera cycle ranges, which has resulted in further growth in market share for the Bikehut brand. The growth of in-car technology in particular, means that the overall sales mix of the business has significantly changed this year and, as anticipated, dilution of gross margin percentage has occurred. Halfords expects to report pre-tax profits for the year to 31 March 2006 at around £77million. Ian McLeod, Chief Executive, said: 'Halfords' focus on driving sales and cash margin has enabled us to continue to trade well against the backdrop of a difficult retail environment. Our store investment plans remain on track, while trading has benefited from a strong core business supported by successful moves into new product areas.' Preliminary Results Halfords will announce its preliminary results for the 52 weeks ended 31 March 2006 on Thursday 8 June 2006, including a presentation for analysts and investors at 9.30 a.m. at The City Presentation Centre, 4 Chiswell Street, London, EC1Y 4UP. Company Websites www.halfords.com www.halfordscompany.com For further information: Media Gainsborough Communications Andy Cornelius 020 7190 1703 Julian Walker 020 7190 1705 Analysts Halfords Group plc Ian McLeod, Chief Executive Nick Carter, Finance Director Tony Newbould, Investor Relations 020 7995 9611 (on the day until 10:00am) Notes to Editors: Halfords Group plc (www.halfordscompany.com) Halfords is the UK's leading auto, leisure and cycling products retailer with 408 stores and nearly 10,000 employees. The Group sells c.11,000 different product lines ranging from car parts and cycles through to the latest in-car technology, alloy wheels, child seats, roof boxes and the latest outdoor leisure and camping equipment. Halfords' own brands include Ripspeed, for car enhancement, and Bikehut, for cycles and cycling accessories, including the Apollo and Carerra brands. Stores offer a 'We'll Fit It' service for car parts, child seats, satellite navigation and in-car entertainment systems. Halfords is a FTSE 250 company. It was established in 1892 and was successfully floated on the London Stock Exchange in June 2004. ENDS This information is provided by RNS The company news service from the London Stock Exchange
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