Halfords reports flat sales at Autocentres

It reported group like-for-like sales down 2.1 per cent in the 13 weeks to 3 July, the first quarter of its financial year.

Like for like sales at the Nationwide Autocentres business bought in February for £73.2m were flat

Halfords has rebranded four of the centres and plans to re-brand all of them by March 2011. It also aims to open 12 new outlets in the current financial year.

It said Autocentres continued to grow market share and fleet business.

Halfords chief executive officer David Wild said: "The integration of Nationwide is continuing well and I remain pleased with early performance and progress.

"We are cautious about the macro economic environment but, through the execution of our proven strategy, we remain on track to deliver full year earnings growth in line with previous guidance."

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