Halfords’ H1 Profit Drops 50% And Sales Are Softening
Halfords (LON:HFD) cautioned that its full-year underlying profitability would be lower than expected due to rising inflation and the recession.
Written by: Charlie Brooks
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high inflation
Electrolux Faces A Q3 Loss And Anticipates Further Declines
On Friday, Europe’s largest home appliance producer, Electrolux, posted a third-quarter loss as expenses soared, particularly in North America, and demand declined. Inflation and high borrowing rates anticipated additional reductions.
Written by: Haiden Holmes
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