Halfords, the cycling retailer and car parts company has announced that its revenue increased 4.8% over the summer, enhanced by cycling sales in the 20 weeks to the 19th August.

Figures show that like-for-like sales grew 1.2%, with retail like-for-likes increasing 1.1% and autocentre sales growing 1.8%.

This was helped by a strong performance in cycling in July and August with new, as well as trade being encouraged by the success of Halfords’ ‘Olympic cycling heroes’, so in total, cycling sales increased 11%.
Chief executive at Halfords, Jill McDonald, said: "I am pleased to report a solid year-to-date trading performance, with group sales up 4.8% and service-related sales in double-digit growth as we continue to strengthen Halfords' position as the first choice for customers' journeys.

“We continue to make good progress on our strategic initiatives; we can now match 25% of our retail sales to specific customers compared to only 3% last year and in recent weeks we have successfully piloted contactless payments and also launched the new Cycle Republic website."