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(Alliance News) - Halfords Group PLC on Tuesday said it was able to mitigate headwinds in the Autocentres servicing business, as it posted a rosy outlook despite a profit dive.

Halfords shares rose on Tuesday morning after the company said it is comfortable with meeting market expectations for the full year, but warned of increased costs ahead. The stock is up 14% at 147 ...

"The effect of the UK budget on consumer behaviour and hence the trajectory of our end-markets is unclear. We have a greater ability to mitigate headwinds in the more needs-based Autocentres servicing ...