The car maintenance sector of Halfords’ retailÂ business performed strongly in the financial year 2008/09, according to figures released by the high street giant.
Strong sales growth in these areas was also matched by a 25% increase in the ‘We Fit’ and ‘We Repair’ businesses.
This hasÂ helped Halfords record a 2.4% in gross proft of Â£92m, while net debt was reduced from Â£181m to Â£164m.
“Our market-leading We Fit proposition is definitely attracting new customers,” said David Wild, Halfords CEO.
“However, we remain cautious given the fragility of the economy and consumer confidence.”