Halfords Group plc (HLFDF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to our strategy update for the Halfords Group. You'll be aware that today we have also announced a strong set of interim results for the 26 weeks to the 26th of September and these together with a webcast are available on our corporate website. I'm very pleased to be setting out my vision for Halfords over the next five years and believe that we are at an exciting and compelling moment in time from an investor point of view. I joined Halfords because I believed in its potential. Seven months on, I'm even more convinced in its potential and believe we have a pathway to growing our business and creating value and benefit for all our shareholders. Our customers, colleagues, and most relevant to this forum, our shareholders. At the heart of my conviction is the unique set of assets and capabilities that Halfords possesses and the dynamics of the markets in which we operate. We have leading positions in fragmented and evolving markets. We have an unmatched and scaled combination of stores, garages, mobile vans and digital capability across motoring products and services and cycling. We have a trusted, universally recognised brand and over 12,000 expert, trained colleagues. We have structural resilience with a focus on needs-based products and services and a third of our revenue comes from B2B. We have a debt-free balance sheet together with strong cash flow generation. And in combining assets and capabilities under one roof, the Halfords Group as a whole is much more valuable and has more potential than the sum of its parts. Today, I want to drill down into some of those capabilities and assets. I wanted to deliver some home truths about our past and where we are today. And most importantly, I want to elaborate on why I am so confident in...