Halfords Group PLC: Unaudited Preliminary -10-

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DJ Halfords Group PLC: Unaudited Preliminary Results: Financial Year 2024 Halfords Group PLC (HFD) Halfords Group PLC: Unaudited Preliminary Results: Financial Year 2024 27-Jun-2024 / 07:00 GMT/BST

Halfords Group PLC Halfords Group PLC: Unaudited Preliminary Results: Financial Year 2024 27-Jun-2024 / 07:00 GMT/BST =---------------------------------------------------------------------------------------------------------------------- 27 June 2024 Halfords Group plc Unaudited Preliminary Results: Financial Year 2024 Strong revenue growth of +7.9%, with underlying profit before tax of GBP36.

Market Volume and Share - FY24 Autocentres Retail Consumer Motoring Servicing Retail Motoring Cycling Tyres Market Volume Growth forecast YoY +2.6% Broadly flat +0.5% -1.0% Actual growth YoY -1.3% +0.9% +0.9% -4.0% Market Share Share movement forecast in FY24 +0.2ppts +0.2ppts +0.6ppts +0.7ppts Actual Share movement in FY24 +0.4ppts +0.2ppts +1.3ppts +1.3ppts Next company update

Autocentres Retail All figures are approximate Consumer Tyres Motoring Servicing Retail Motoring2a Cycling2b Market size GBP2.2bn GBP9.0bn GBP4.0bn GBP1.1bn Market volumes vs pre-Covid -14% +4% n/a -30% 3rd party source GfK DVSA GfK Bicycle Association 2a. Retail Motoring market growth is based on GfK data, which audits seven categories in which we participate. Market size is based on Kantar's wider survey of the motoring market, which we have more recently begun participating in.

-- Avayler? Revenue more than tripled3 from the prior year, up to GBP6.6m in FY24. ? Signed agreements with four new clients, including a 15-year commercial agreement with Bridgestone.June 27, 2024 02:00 ET -- Retail Motoring:? A resilient revenue performance, with LFL revenue growth of +4.9%, significantly better than marketvolume growth of +0.9%. Performance across the year was mixed, with strong growth of +8.2% in the first halffollowed by lower growth of +1.

Autocentres Group revenue growth was +17.6%, including +10.7% on a LFL basis, whilst underlying EBIT, including losses from Discontinued Operations, was GBP13.8m, representing significant growth on the prior year profit of GBP3.1m. All three Autocentres businesses contributed to this strong performance:

We are continuing to leverage the integration of our combined CFS business, with revenue and cost synergies tracking ahead of expectations.Our SaaS business 'Avayler' secured a landmark commercial agreement with Bridgestone, to roll out Avayler software products across their US operations - potentially over 2,000 garages.

 

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