We value the support of the many individuals who have chosen to invest in Halfords, many of whom are also customers or colleagues.
Who we are
We keep the nation moving, with trusted experts who love to help. Enabled by more than 12,500 expert colleagues, we are the nation's leading provider of motoring and cycling products and services.
Halfords in numbers
12,500
colleagues
>20m
customers
1,650
fixed and mobile locations
6.8m
services each year
What we do
Halfords is the UK’s leading provider of motoring and cycling services and products for consumers and businesses.
In addition to our nationwide network of retail stores and garages, we also provide motoring services to customers at locations convenient to them via a nationwide fleet of mobile vans. Customers can shop and book services online at halfords.com and tredz.co.uk for pick up at their local store or direct home delivery.
We also have a significant and growing B2B operation which includes fleet servicing and maintaining, Trade Card, Cycle2Work and our Commercial Fleet Services and Avayler SaaS businesses.
Halfords Retail
370 Halfords and two Tredz stores offer a wide range of motoring and cycling products and on-demand services.
Halfords Autocentres
We operate a national network of 496 consumer garages providing customers with MOTs, servicing, repair and tyres.
Halfords Mobile Expert
Our c.250 mobile vans provide customers with the ultimate convenience, performing tyre and now service jobs at a location of their choosing.
Commercial Fleet Services
CFS is the largest and only truly national commercial truck tyres services provider, delivering tyre management and 24-hour breakdown services via c.550 mobile vans.
Avayler
Our proprietary technology-to-garage software solution, with business customers in the North America and Australia.
Our national footprint
370
retail stores
496
consumer garages
21
mobile hubs
92
commercial depots
550
Commercial Fleet Services vans
250
Halfords Mobile Expert vans
Our business today
Motoring
Our goal is to become the definitive destination for all motoring needs. By creating a seamless journey across online, garage, mobile and in-store touchpoints, we are building an ecosystem that supports drivers through every stage of vehicle ownership.
79%
of sales are from motoring
Services
Our Autocentres segment has grown significantly, resulting in a larger proportion of revenue derived from services. However, around 80% of service events take place in our retail car parks, and the checks and fitting services we provide in store represent a critical differentiator versus other retailers.
52%
of sales are service related
B2B
Our B2B operations, encompassing fleet services, CFS, Cycle2Work, Trade Card and Avayler, broaden our addressable market and deliver a growing base of recurring, contracted revenues that are more resilient to fluctuations in consumer demand.
30%
of sales are B2B
Our strategy
I am very pleased with the progress we are making in the “Optimise” phase of our strategy, resulting in the strong results we are announcing today. With good sales growth, higher margins and an increased dividend, we are delivering improved shareholder returns alongside a more compelling customer proposition.
Investment case
Trusted, heritage brand
>130 years in motoring and cycling
Leadership positions in all markets
Ability to reach into adjacent markets
Attractive markets
Large, fragmented markets
Predominantly needs based products and services
Structural and cyclical growth drivers
Unrivalled scale
c.1,650 fixed and mobile locations nationwide
Unique showrooming via a scaled physical footprint
Effective digital platform
Structural and financial resilience
>50% service-related sales
c.30% B2B with contractual / recurring revenues
Cash generative model with balance sheet firepower
Service, advice and expertise
c.12,500 skilled colleagues
On-demand advice, checks and fitting in stores
Complex servicing in garages
Data and technology opportunity
Huge data and technology opportunity
Current owner details for 12m vehicle (one third of the UK car parc)
6.5m loyalty club members
Our FY26 performance
4.8%
Like-for-like sales growth
52.8%
Gross margin
£45.4m
Underlying profit before tax (“PBT”)
14.2%
Return on capital employed (“ROCE”)
15.7p
Underlying basic earnings per share (“EPS”)
9.0p
Dividend per share
£25.3m
Free cash flow
(0.1)x
Net debt to underlying EBITDA
