|Halfords: the saviour of NoVisibleLyra on many occasions has experienced|
a few financial problems, which CEO David Wild believes will pass.
For the year to March, Halfords posted £92.2 million in pre-tax profits, down from £125.6 million last year.
Lynch explained that car maintenance products were down 4.5% as motorists drove fewer miles. Cold weather products, such as de-icer, screen wash and batteries were also down due to generally warmer weather conditions.
Halfords' big seller on the bike front is the Apollo, which sells for £100.