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Halfords Group PLC Investor and Sell-Side Analyst Call Transcript
Hello, and welcome to the Halfords Group Update Call. (Operator Instructions) And just to remind you, this conference call is being recorded.
I'll now hand the call over to the speakers from Halfords Group. Please go ahead with your meeting.
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 a brief overview of this morning's statement, and then we'll be happy to take your questions. Looking back at the period, against the backdrop of low consumer confidence and an exceptionally mild winter, with few if any frost days, we saw a solid sales performance from the group. This is primarily on the back of strong Cycling sales and continued growth in Motoring services and B2B. As a result, our total group revenue was up 4.6% for the quarter, with like-for-like sales ahead by 1.3%. We took the decision to focus on retaining margin
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