14th Sep 2022 12:06
Hornby PLC - Margate-based manufacturer of model and hobby products - Says sales and margins for the period from April 1 to August 31 have been in line with the previous year. Adds that the outcome for its full financial year will be subject to sales over the Christmas trading period. Notes that its outstanding order books is "very strong" and higher than a year ago. It has also attempted to mitigate potential supply disruptions this Christmas by bringing forward the shipping dates on key product lines, it adds. Says full year expectations are unchanged, despite current economic client on demand.
Current stock price: 28.25 pence
12-month change: down 37%
By Sophie Rose; [email protected]
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