Full speed ahead as Hornby returns to profit

AIM-listed model manufacturer Hornby (LON:HRN) watched its share price steam ahead by 29.03% to 43.87p (as of 15:05 GMT) after reporting a 33% rise in revenues for the six months ended 30th September. The company also booked a modest pre-tax profit for the period rather than a loss as seen in the comparative period.

CEO Lyndon Davies commented: “Hornby has moved into profitability, the growing sales and margins built on the back of the introduction of some fantastic new products, new technology and the changing environment“.