Business
Halfords FY19 Preliminary Results
Halfords FY19 Preliminary Results.
About this update from Halfords Group Plc
[{"type":"text","content":"\n \nRNS Number : 6229Z Halfords Group PLC 21 May 2019 \n\n \n21 May 2019 \nHalfords Group plc \nPreliminary Results: Financial Year 2019\n \nHalfords Group plc, the UK's leading provider of motoring and cycling products and services, today announces its preliminary results for the 52 weeks ended 29 March 2019 (\"the period\"). All numbers shown are before non-underlying items, unless otherwise stated.\n \n \nGroup Financial Summary\n\n\n\n\n \n\n\nFY19\n£m\n\n\nFY18\n£m\n\n\nChange\n\n\nLike-for-Like Revenue* (\"LFL\")\n\n\n\n\nRevenue\n\n\n1,138.6\n\n\n1,135.1\n\n\n+0.3%\n\n\n+1.1%\n\n\n\n\nRetail\n\n\n977.2\n\n\n977.2\n\n\n-\n\n\n+0.8%\n\n\n\n\nAutocentres\n\n\n161.4\n\n\n157.9\n\n\n+2.2%\n\n\n+2.6%\n\n\n\n\nGross Margin\n\n\n50.9%\n\n\n50.2%\n\n\n+70 bps\n\n\n \n\n\n\n\nRetail\n\n\n48.0%\n\n\n47.4%\n\n\n+60 bps\n\n\n \n\n\n\n\nAutocentres\n\n\n68.0%\n\n\n67.5%\n\n\n+50 bps\n\n\n \n\n\n\n\nUnderlying EBITDA*\n\n\n98.2\n\n\n109.5\n\n\n-10.3%\n\n\n \n\n\n\n\nUnderlying Profit Before Tax*\n\n\n58.8\n\n\n71.6\n\n\n-17.9%\n\n\n \n\n\n\n\nUnderlying Basic Earnings Per Share*\n\n\n24.5p\n\n\n29.6p\n\n\n-17.2%\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nProfit Before Tax\n\n\n51.0\n\n\n67.1\n\n\n-24.0%\n\n\n \n\n\n\n\nBasic Earnings Per Share\n\n\n21.2p\n\n\n27.8p\n\n\n-23.7%\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nProposed Full-Year Ordinary Dividend Per Share\n\n\n18.57p\n\n\n18.03p\n\n\n+3.0%\n\n\n \n\n\n\n\n \n* Alternative performance measures are defined and reconciled to IFRS amounts in the glossary on page 14\n \n \nSales growth despite a tough retail back drop and unseasonal weather \n· Total Group revenue +1.1% on a LFL basis\n· Retail performance in the year was im...