Halfords exits the FTSE 250
Halfords has dropped out of the FTSE 250 after its shares fell more than 30% in less than a year.
The retailer issued a profit warning in January after poor trading in the run-up to Christmas, which dragged its shares down to a six-year low.
Halfords had revealed underlying profits for the financial year to March 2019 were expected to be between £58m-£62m, which would be the fourth consecutive year of falling profits for the group.
The companies that are in the FTSE 100 and FTSE 250 are reviewed quarterly. Halfords' mar... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
