Halfords sales pass £1bn mark as cycling boom continues

For the year to March 2015, Halfords' sales reached £1bn for the first time, with pre-tax profits up to £80.8m

Halfords sales passed the £1bn mark for the first time in the year to March 2015, with the sale of 1.3m bikes playing a large part in their continued growth.

The retailer announced that group sales were up 6.9 per cent to £80.8m, while full-year pre-tax profits rising by 11.3 per cent to £80.8m.

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