A rebound in bicycle sales following Britain's summer of sporting success helped put Halfords on the right track in the FTSE 250 Index today.
Its shares jumped 13%, up 35.5p to 301.5p, as the car parts and leisure goods retailer followed last night's appointment of former Pets at Home boss Matt Davies as chief executive with a better-than-expected rise in sales. Its first-half profits are also likely to be nearly 20% higher than City forecasts.
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