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Cycling Products Boosted Halfords UK Sales

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REDDITCH, UK – “Our sales and service strategy, particularly in cycling and camping, has delivered an improvement in like-for-like sales growth against strong comparatives last year. This result continues to demonstrate both Halfords’ resilience and

REDDITCH, UK – "Our sales and service strategy, particularly in cycling and camping, has delivered an improvement in like-for-like sales growth against strong comparatives last year. This result continues to demonstrate both Halfords’ resilience and its defensive qualities, underpinning our confidence for the second half."

This was stated by Halfords UK CEO Ian McLeod on the interim results for the 26 weeks ended 28 September 2007.

In that period, sales increased by 8.5% over the equivalent period in 2006 and like-for-like sales increased by 5.5%.Gross profit percentage remained in line with expectation. A more detailed report on the financial results of the biggest bike seller in the UK will be published end of November. 

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