Hornby narrows losses as discounting comes to an end
13th Jun 2019 08:06
(Sharecast News) - Hornby's annual losses have narrowed as discounting at the model train maker comes to an end.
Read moreHornby losses narrow as it slams brakes on discounting
22nd Nov 2018 09:12
(Sharecast News) - Model train set maker Hornby announced an end to its aggressive discounting on Thursday and the introduction of a profit share scheme for employees as it said losses narrowed in the first half of the year.
Read moreHornby trading on track as CEO Davies eyes revival
26th Sep 2018 08:28
(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.
Read moreHornby rallies on licensing agreement with Warner Bros
17th Sep 2018 12:10
(Sharecast News) - Hornby shares rallied on Monday after investors received some much-needed good news as the beleaguered model train set maker announced a licensing agreement with Warner Bros Consumer Products.
Read moreHornby appoints John Stansfield as chairman
21st Aug 2018 09:01
(Sharecast News) - AIM-listed model train set maker Hornby has announced the appointment of John Stansfield as non-executive chairman with immediate effect.
Read moreHornby current trading 'robust', turnaround plan going well
7th Feb 2017 08:10
(ShareCast News) - AIM-listed train set maker Hornby said on Tuesday that current trading was "robust" and the group's turnaround plan is progressing well. In an update for the period from 25 November 2016 to 5 February 2017, Hornby - which has recently issued a string of profit warnings - said the
Read moreHornby loss widens but turnaround plan progressing well
24th Nov 2016 08:58
(ShareCast News) - Model train maker Hornby reported a widening of its pre-tax loss in the six months to the end of September as revenue declined but said its turnaround plan was progressing well. The company - which outlined plans to turn the business around back in June following a string of profi
Read moreHornby FY loss widens; placing and turnaround plan announced
22nd Jun 2016 07:44
(ShareCast News) - AIM-listed train set maker Hornby posted a wider full-year loss and announced an £8m placing as it outlined plans to turnaround the business after a string of profit warnings. For the year to the end of March, the loss before tax widened to £13.5m from £200,000 in 2015 as revenue
Read moreHornby names David Mulligan interim finance director
26th May 2016 10:37
(ShareCast News) - AIM-listed toy train maker Hornby has appointed David Mulligan as interim finance director. Mulligan will report to Steve Cooke, who was promoted from finance director to the role of chief executive in April. Mulligan was previously group finance director at construction and rege
Read moreHornby appoints Steve Cooke as new CEO
26th Apr 2016 12:50
(ShareCast News) - AIM-listed model train maker Hornby has appointed current group finance director Steve Cooke as its new chief executive with immediate effect. The company said on Tuesday that it was looking to appoint an interim finance director in the near term. Shares in the company rallied ba
Read moreHornby rallies as CEO Richard Ames steps down after profit warning
15th Feb 2016 09:00
(ShareCast News) - Shares in model train maker Hornby rallied on Monday after Richard Ames stepped down as chief executive officer with immediate effect following the company's third profit warning in five months last week. Chairman Roger Canham will move to take over as executive chairman and will
Read moreHornby tanks as it warns on profits again
10th Feb 2016 09:09
(ShareCast News) - Shares in Hornby fell sharply after the train set maker said it now expects to report an underlying pre-tax loss of £5.5m to £6m for the year to March. This is much wider than the £2m loss it mentioned back in November and marks the company's third profit warning in five months.
Read moreHornby reveals new products for 2016 including kids 3D printers
7th Jan 2016 14:17
(ShareCast News) - Hornby has rung in the new year with a slew of new toys and hobby products, including 3D printers for children and wider Airfix and Scalextric ranges. The AIM-listed hobbies company revealed its new products for 2016 on Thursday, building on some of its most prominent brands and r
Read moreWednesday newspaper tips: Hold on to Victrex for special dividends
9th Dec 2015 11:50
(ShareCast News) - Victrex's plan to return cash to shareholders is prompting The Telegraph's Questor to advise traders to hold on to the shares. The FTSE 250 polymer and bio-materials solutions company announced its preliminary results for the year to 30 September on Tuesday. Revenue rose from £
Read moreHornby issues profit warning as Europe turnaround gets underway
10th Nov 2015 13:58
(ShareCast News) - Hornby warned on Tuesday that full year profit and revenue was likely to be lower than expected as the European turnaround plan gets into full swing. The toy manufacturer said it expects to post an underlying group loss before tax of £2m, but this could be lower depending on how l
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