Halfords (HFD) has reported 1H PBT of £25.9m against consensus of £22.8m (1H 2018/19 £30.5m) – all numbers pre IFRS 16. It has also maintained current year profit guidance, indicated investment related reduction to consensus for FY 21 and announced that it will cut the full year dividend and re-base FY 21 dividend to 12p.
07 Nov 2019
Div cut signalled but strategic pivot
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Div cut signalled but strategic pivot
Halfords Group Plc (HFD:LON) | 161 -0.6 (-0.2%) | Mkt Cap: 351.8m
- Published:
07 Nov 2019 -
Author:
Tony Shiret -
Pages:
3
Halfords (HFD) has reported 1H PBT of £25.9m against consensus of £22.8m (1H 2018/19 £30.5m) – all numbers pre IFRS 16. It has also maintained current year profit guidance, indicated investment related reduction to consensus for FY 21 and announced that it will cut the full year dividend and re-base FY 21 dividend to 12p.