13th Apr 2021 14:30
Hornby PLC - Kent-based toys and collectables maker - Sales in 2021 financial year up 28% from previous year and ahead of budget. Sales in fourth quarter ended March 31 ahead of budget and higher year-on-year. Net cash falls to GBP4.7 million from GBP5.4 million. Shares rise 11%.
Hornby says company and its suppliers operated more effectively through current restrictions than during first lockdown in 2020. Financial 2021 results to be released in June, company says, without specifying date.
Current stock price: 55.00 pence, up 11% on Tuesday afternoon in London
Year-to-date change: down 13%
By Ivan Edwards; [email protected]
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