Final dividend 5.0 pence/shr (Il Sole 24 Ore Radiocor) - London, 27 Jun - Halfords, a UK provider of motoring and cycling services and products, said in the full year ended March 29 said that revenue from continuing operations rose 7.9% to 1.697 billion pounds, or 5.0% like for like.

The gross margin stood at 48.5%, down 0.40 percentage points, it added.

Halfords delivered cost savings of over 35 million pounds, ahead of its original target of 30 million pounds for the full year, bringing cumulative cost savings to some 70 million pounds in the last three years.

The underlying profit before tax from continuing operations was down 7.9% to 43.1 million pounds. Including discontinued operations, underlying profit before tax fell 18.3% to 36.1 million pounds Underlying basic earnings per share fell 14.2% to 15.1 pence.

It plans to pay a final dividend of 5.0 pence per share, which would result in a full year dividend of 8.0 pence per share.

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(RADIOCOR) 27-06-24 19:23:56 (0697) 5 NNNN