Q1 2020 Halfords Group PLC Trading Statement Call Transcript

Sep 04, 2019 / 07:30AM GMT
Operator

Hello, and welcome to the Halfords Group update call. (Operator Instructions) And just to remind you, this conference call is being recorded. I will now hand the call over to your speakers from the Halfords Group. Please go ahead.

Graham Stapleton - Halfords Group plc - CEO & Executive Director

Thank you. Good morning, everyone, and thanks for joining the call today. I'm Graham Stapleton, Chief Executive of Halfords, and joining me is Loraine Woodhouse, our Chief Financial Officer. I'll start by giving you an overview of this morning's statement and then we will be happy to take your questions.

So in terms of trading. In the first 20 weeks of our trading year, we've seen good growth in group service sales, online and B2B, but this has been more than offset by the impact of extreme weather comparators and low consumer confidence on our regional business. As a result, group like-for-like revenue was 3.2% less than last year.

Our Autocentres delivered growth of plus 1.1% on a like-for-like basis and our Retail performance ended the period

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