Full speed ahead as Hornby returns to profit

0 mins. to read
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“.

Take part in our poll

Which investment platform do you use?


Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *