Halfords' profits surge as public transport ditched for bikes

Bike sales have benefited from pandemic trends as the public chose to cycle more during lockdown 
Halfords' profits surge as public transport ditched for bikes

Investors hope that post-pandemic staycations and a desire to have healthier commutes to work will keep customers cycling. 

Halfords' profits are set to almost double for the past year after people shunned public transport in favour of bikes and cars during the pandemic.

The cycling and motoring specialist is set for another bumper trading announcement when it updates company shareholders next week.

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