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Pin to quick picksHornby Share News (HRN)

Share Price Information for Hornby (HRN)

London Stock Exchange
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Share Price: 30.00
Bid: 29.00
Ask: 31.00
Change: -0.50 (-1.64%)
Spread: 2.00 (6.897%)
Open: 30.50
High: 30.50
Low: 30.00
Prev. Close: 30.50
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Hornby Reports Improved Trading As Crucial Festive Season Approaches

Wed, 25th Sep 2019 10:48

(Alliance News) - Model railway maker Hornby PLC on Wednesday said performance has been ahead year-on-year in recent months ahead of the key Christmas period.

Between the start of April and the end of August, Hornby's sales and margins have been ahead of the year before period, and have been in line with expectations.

"As is usually the case in our industry, the outcome for the full year is subject to the sales rate over the key Christmas trading period," said Hornby, which is holding its annual general meeting on Wednesday.

"Timing is everything when it comes to Christmas and we are mindful of the potential supply disruption at the ports if/when we leave the EU. We started our Brexit preparations last year and we will do all we can to ensure our customers get what they want; on time and in full."

Shares were 1.9% lower on Wednesday morning in London at 26.50 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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UPDATE 1- Model-maker Hornby says Brexit may delay its trains

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Toymaker Hornby aware of Brexit-driven disruptions at ports as Christmas approaches

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13 Jun 2019 08:06

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22 Nov 2018 10:37

Hornby Signals End To Discounting As Interim Loss Narrows

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Hornby losses narrow as it slams brakes on discounting

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Hornby To "Rebuild Trust" With Suppliers After Sales Hit By Delays

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(Sharecast News) - Hornby said trading was on track to meet its expectations as the model train maker seeks to put a run of bad results behind it.

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