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Halfords on track to meet profit forecast as bike sales grow

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LONDON (Reuters) - British bicycles and car products retailer Halfords said it was on track to meet profit forecasts, as underlying cycling sales grew 5.9% in the 14 week period to Jan. 3 and its autocentres also performed strongly. For the full-year 2020, the company said underlying pretax profit would come in in the range of 50 million to 55 million pounds, in line with guidance.
Date Published: Jan 16, 2020
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