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HFD

Halfords

Retailers

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

Halfords is the UK's leading motoring and cycling services retailer. It sells automotive and cycling products while an increasing share of the business comes from garages, mobile fitting and vehicle servicing.

02

Key activities

Retail of motoring and cycling products, vehicle servicing and MOTs, tyres, mobile fitting, autocentres, fleet services and repair and maintenance through a nationwide physical and digital network.

03

Key markets

The United Kingdom, serving motorists, cyclists, fleet customers and businesses requiring vehicle-maintenance and mobility services.

04

Key drivers

Vehicle servicing demand, motoring product sales, garage utilisation, fleet contracts, pricing, wage and parts costs, digital sales and delivery of the Optimise transformation programme.

05

Key risks

Weak consumer spending, labour shortages, wage inflation, competition, parts-cost increases, execution of transformation projects and cyclical demand for discretionary cycling products.

06

Recent Developments

July 2026: FY2026 underlying pre-tax profit was £45.4m and the group ended the year with £19.1m net cash. Halfords said its Optimise programme had started well and reported return on capital employed of 14.2%.

07

Dividend notes

Pays interim and final dividends. FY2026 total dividend is 9.0p per share. The 6.0p final dividend went ex-dividend on 13 August 2026 and is payable on 15 September; the interim dividend was 3.0p.

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