Business
Pre-Close Trading Statement
Pre-Close Trading Statement.
About this update from Halfords Group Plc
[{"type":"text","content":"\n \nRNS Number : 9625B Halfords Group PLC 10 April 2013 \n \n\n10 April 2013\n \nHalfords Group plc\nPre-Close Statement\n \nHalfords Group plc (\"the Group\"), the UK's leading retailer of automotive and leisure products and services and leading independent operator in garage servicing and auto repair, today updates the market on its trading performance for the 11 and 52-week periods to 29 March 2013: \n \n\n\n\n\n\n\n\n11 weeks\n% change\n\n\n52 weeks\n% change\n\n\n\n\nTOTAL REVENUE\n\n\n\n\n\n\n\n\n\n\nHalfords Group\n\n\n+1.7\n\n\n+1.0\n\n\n\n\nRetail\n\n\n+0.5\n\n\n-0.9\n\n\n\n\nAutocentres\n\n\n+7.8\n\n\n+13.5\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLIKE-for-LIKE (LfL) REVENUE\n\n\n\n\n\n\n\n\n\n\nHalfords Group\n\n\n+0.4\n\n\n+0.3\n\n\n\n\nRetail\n\n\n+0.3\n\n\n-0.7\n\n\n\n\nCycling\n\n\n-8.8\n\n\n-0.6\n\n\n\n\nCar Maintenance\n\n\n+10.4\n\n\n+5.1\n\n\n\n\nCar Enhancement\n\n\n-4.0\n\n\n-4.2\n\n\n\n\nTravel Solutions\n\n\n-5.5\n\n\n-6.8\n\n\n\n\nAutocentres\n\n\n+0.8\n\n\n+7.0\n\n\n\n\n \nKey Points for the 11-week Period\nThe prolonged winter period resulted in a year-on-year change in the sales mix in the period, benefitting Car Maintenance whilst having a marked dampening effect on our outdoor-focused categories, such as Cycling and Travel Solutions.\n \n· Cycling: a delayed start to the season, though Premium Cycle sales were resilient and online parts, accessory and clothing sales increased by 26.5% ahead of the full-scale online launch this year\n· Car Maintenance: a strong performance with 3Bs parts sales up 26.3% and fitting penetration up 10.6% pts to 39.4%, benefitting from the strategic wefit focus \n· Car Enhancement: Sat Nav sales flat with growth in Audio not enough to offset the decline in Car Cleaning\n· Travel Solutions: reduced demand for outdoor products were partly mitigated by winter-related accessory sales such as snow chains and shovels\n· Online Retail: a 13.4% increase in sales reflected a 24.7% increase in Sat Nav revenues \n· Autocentres: 12 centres opened in the period but fleet sales remain under pressure\n \nFY13 Expectations\nThe Board anticipates Group Profit Before Tax for the year en...