Hornby Share News (HRN)

LONDON MARKET MIDDAY: Trump tariff nerves send European stocks lower

(Alliance News) - Stock prices in London were lower heading into Wednesday afternoon, with surging bond yields, pre-US jobs data nerves and Donald Trump tariff fears hitting the mood in the equity market.

Hornby sees boost in third-quarter earnings from Black Friday sales

(Alliance News) - Hornby PLC on Wednesday said it saw an increase in sales during its third quarter, following momentum in Black Friday and Christmas trading.

AIM WINNERS & LOSERS: Intercede expects earnings beat; Hornby rises

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday.

Hornby reports impressive festive sales as first-time customers jump

(Sharecast News) - Hornby's share price continued to jump on Wednesday after the model train and collectibles group reported impressive results for its third quarter, bolstered by a strong festive selling season.

LONDON MARKET CLOSE: Ukraine nerves send Europe lower ahead of Nvidia

(Alliance News) - European stocks closed lower on Thursday as geopolitcal concerns weighed alongside stronger-than-expected domestic inflation data.

Hornby shares plummet as pretax loss widens due to rising costs

(Alliance News) - Hornby PLC on Wednesday said it remains optimistic for the festive season despite a weak performance in the first half.

LONDON MARKET MIDDAY: Stocks struggle after hot UK inflation reading

(Alliance News) - Stock prices in London were mixed heading into Wednesday afternoon, with the FTSE 100 underwhelming after a hotter-than-forecast UK inflation reading.

Hornby revenue rises, pre-tax losses widen

(Sharecast News) - Shares in model and hobby specialist Hornby were sliding on Wednesday morning, after it reported an increase in revenue but a wider pre-tax loss.

Hornby sells loss-making Oxford Diecast brand for GBP1.4 million

(Alliance News - Hornby PLC on Tuesday said it has agreed to dispose of subsidiary LCD Enterprises Ltd for around GBP1.4 million.

IN BRIEF: Hornby sales and profit up, inventory lower than last year

Hornby PLC - Margate, England-based model railway maker and retailer - Issues trading statement ahead of Wednesday's annual general meeting. For the period from the April 1 to end-August, sales and gross profits have been 10% higher than the previous year, although slightly behind internal forecasts due to timing issues driven by shipping delays. Stresses full-year outcome is subject to the sales rate in the run up to the key Christmas trading period. "Our outstanding order book is strong with new products still to be released. In addition, D2C invoiced sales are up 11% on prior year and 56% up on the same period in 2022," company says. Says whilst inventory levels remain high, on account of planned stock build ahead of peak, total stock holding is 7% lower than the same time last year. Inventory is expected to unwind further over the key Christmas trading period and expectations for the full year are unchanged.

Hornby sales, profits 'slightly behind' internal forecasts due to shipping delays

(Sharecast News) - Model train set maker Hornby fell on Wednesday as it reported a jump in sales and profits but said its performance was below internal forecasts due to shipping delays.

UK shareholder meetings calendar - next 7 days

EXECUTIVE CHANGES: New chief executives at Cornish Metals and ValiRx

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in August so far and not separately reported by Alliance News:

Neil Sachdev appointed as Hornby's new non-executive chair

(Sharecast News) - Models and collectibles group Hornby announced the appointment of Neil Sachdev MBE as its new non-executive chairman on Friday, effective immediately.

EARNINGS AND TRADING: MJ Gleeson optimistic; Hornby annual profit down

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: