News about Frank Hornby

Hornby's shares increased on Wednesday after the company revealed good results and a flurry of new customers in the run-up to Christmas. According to the British-based model railways manufacturer, profits from 1 October to 31 December were 5 percent higher than the previous year. According to Cumulative Group's reports, revenues for the financial year-to-date were 6 percent higher than the previous year.

According to the Margate-based firm, internet sales from April to August increased by more than a third on the previous year's equivalent period. As a result of the firm's plans for a 'low double-digit' rise in turnover for the 2024 financial year, revenues and margins were also higher and commensurate.