Home Business News Halfords profits fall short of target by £10m

Halfords profits fall short of target by £10m

by LLB Reporter
20th Jun 19 1:45 pm

Halfords annual profits missed targets as underlying profit before tax in the year to 29 March fell by 17.9% to £58.8m falling short of the £69m target.

As result chief executive, Graham Stapleton, and chief financial officer, Loraine Woodhouse, were awarded no extra pay-outs.

The capital investment for the current year is now likely to be £35m below previous targets for the retailer, between £40m and £60m.

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