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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Halfords Group Plc | LSE:HFD | London | Ordinary Share | GB00B012TP20 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 1.32% | 154.00 | 153.80 | 154.80 | 154.40 | 150.00 | 150.00 | 771,848 | 16:29:55 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Retail Stores, Nec | 1.59B | 34M | 0.1553 | 9.92 | 337.15M |
From May 2023 to May 2024
By Christian Moess Laursen
Halfords Group said global tire maker Bridgestone Americas has invested $3 million to buy a 5% stake in Avayler Trading, Halfords' wholly-owned software-as-a-service providing subsidiary.
The motoring-and-cycling products provider said Wednesday that Bridgestone Americas has additionally agreed to a master commercial deal to become a client of the Avayler business.
The proceeds of the sale will be used for general corporate purposes, including to support the continued growth of Avayler, Halfords said.
Avayler is a software-as-a-service provider for automotive companies wanting to digitize services such as online customer booking and invoicing.
"The length and scope of the agreement fuels our confidence in Avayler's long-term potential as we continue to roll it out to more clients around the world," Chief Executive Graham Stapleton said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
November 01, 2023 04:18 ET (08:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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