Company
Hornby PLC
LON:HRN
Hornby is principally engaged in the development, production and supply of hobby and toy products. It distributes its products through a network of specialist and multiple retailers throughout the United Kingdom and overseas. Brands include Hornby, Scalextric, Electrotren, Lima, Jouef, Rivarossi and Corgi.
95 stories
Hornby signals delisting: Is this the 'writing on the wall' for AIM?
Or is the model train maker's unique circumstances mean the public markets are just not the right place for its shares?
Investor Silverwood Brands plans Aquis IPO
The lifestyle and leisure-focused group is headed by an all-male board that includes Lush co-founder Andrew Gerrie
Hornby posts jump in quarterly sales
Full-year revenue is expected to be 28% higher than last year
Archive
Rambler Metals and Mining PLC moves higher after selling unwanted assets to Canada's Maritime
A look at the major movers on the London market on Tuesday
Hornby looks forward to Christmas after swinging to small interim profit
The firm said there is “a real energy” for the festive season
Hornby reports higher sales and profit margins
The model train maker and owner of the Airfix, Meccano and Scalextric brands reported that its operations are “nearly back to normal”
FTSE 100 closes higher as market fears over virus' second spike ease
The index of UK blue-chips advanced 64 points to 6,139
Hornby in “strong” position during coronavirus pandemic thanks to February fundraise
Revenue and gross margin the year to March 31, 202, were said to be ahead of last year and in line with forecasts
Model train maker Hornby tapping the City for £15mln
As well as being used to provide the main brands with a boost the new funds will also be invested in digital marketing
Hornby losses narrow as key Christmas period looms
Despite several years of financial difficulty, the toy and model maker said it was “through the worst of it” with trust returning to the brand
As costs squeeze small caps off AIM, other ways of obtaining a listing are having their day in the sun
Requirements such as maintaining a NOMAD, an accountant, a lawyer, a broker and financial PR, are racking up eye-watering costs for small caps trading on the junior market
Hornby's losses substantially reduced
Is there light at the end of the tunnel? Or has it just been painted on with Humbrol paint?
Hornby sales keep falling, company launches employee profit share scheme
The model train maker announced the launch of a profit share scheme for all of its employees who contribute to the success of the business
FTSE 100 closes firmly in the red as PM Theresa May says Brexit deal within grasp
The UK blue-chip benchmark closed down nearly 90 points at 6,960, while the FTSE 250 shed nearly 55 points
Archive
No profit warning repeat hoped for from British Gas owner Centrica
Aside from Centrica, the Day Ahead includes updates from the likes of water firm Severn Trent, booze retailer Majestic Wines, and pubs operator Mitchells & Butlers
Archive
Small cap movers: Hornby sparkles as it inks Harry Potter franchise deal with Warner Bros
A look back at some of the more interesting stories from the junior market over the past week
Sirius Minerals advances, supermarkets Tesco, J Sainsbury, Morrison PLC rise
A look at some of the biggest risers and fallers in the London market Monday
FTSE 100 closes lower after lacklustre day; trade fears weigh
FTSE 100 closed down nearly two points on the day at 7,302
Archive
Small cap movers: Mulberry slides as House of Fraser contagion dents earnings
A look back at some of the more interesting stories from the junior market over the past week...
Troubled model train maker Hornby names new chairman
Hornby said Lyndon Davies will step down as interim chairman to focus on his role as chief executive
Hornby sales slip further in current year
Underlying losses in the year to March were £7.6mln.
Investments and investor services
IGas Energy advances as Cuadrilla achieves major milestone
A look at some of the biggest risers and fallers in London on Tuesday
Hornby in talks regarding financing facility with new lenders as sales and profits remain depressed
The hobbies group said: “There was an improvement in sales towards the end of the financial year as some of the European product started to arrive, but as expected, the Group sales and profits were lower than last year”
Hornby crashes as it issues another profit warning after horrible Christmas
New CEO Lyndon Davies put an end to the ‘stack ‘em high, sell ‘em cheap’ strategy at Hornby, but retailers aren’t coming round to the new pricing plans as quickly as hoped
Investments and investor services
Smith & Nephew tops the Footsie after upgrade from JP Morgan Cazenove
Further down the food chain, Avacta, the company behind the Affirma technology - small, engineered proteins that are capable of binding specific molecular targets - got a lift from a research report by Capital Network.
Hornby issues yet another profit warning as chairman departs
The model train maker only issued its last profit warning in September …
Hornby appoints Lyndon Davies, chairman of models firm Oxford Diecast as its chief executive officer
The Airfix models to Scalextrix slotcar racing group also said it is exploring the possibility of investing in Oxford Diecast's owner LCD Enterprises Ltd, of which Davies is the majority shareholder
FTSE 100 closes almost 36pts up as traders buy back in
The blue chip index closed out almost 36 points higher at 7,413
Hornby's recovery off the rails as hobbies group warns on full-year performance, weak current trading
The AIM-listed firm said: “Current trading for this financial year to date has been behind the Board's expectations in part due to softer market demand over the summer months and increased competition in the important UK Independent channel
Investments and investor services
Patience still a virtue for Aurora Investment Trust
Aurora is now worth £70mln, from £15mln, when Phoenix was appointed in January 2016
Hornby repeats its unanimous rejection of Phoenix Asset Management offer
Investment firm Phoenix Asset Management launched a 32.375p a share bid for Hornby last Wednesday having been obliged under City rules to make an offer to buy the rest of the AIM-quoted firm after upping its stake to above 50% the previous
Hornby slams Phoenix takeover offer which it says ‘undervalues’ company
“The board considers that the mandatory cash offer of 32.375p per Hornby share significantly undervalues Hornby and its future prospects”
Archive
Small caps movers: Hornby steams higher on takeover offer from major shareholder
A look back at some of this week's more interesting stories from the junior market
Hornby steams higher on Phoenix Asset Management takeover offer
Major shareholder Phoenix Asset Management is snapping up a 20% stake from rebel investor, meaning it is now obliged to launch an offer for the rest of the company
Hornby investors lifted as turnaround plans on track, losses narrow
The lossmaking toymaker has halted its dividend for another year but reported an improvement in its medium term outlook
Archive
Trading update from Coffee Costa and Premier Inn firm Whitbread could be a positive catalyst
Day ahead: Trading update from Whitbread; full-year results from Berkeley Group ...
Hornby shareholder revolt looks set to come off the rails
The strategy currently being pursued by the board is well thought-out and is working ... the board said
Hornby shareholders seek meeting to push out executive chairman, Roger Canham
Canham stepped up to become Hornby’s executive chairman in February 2016 after the firm’s chief executive officer, Richard Ames quit in the wake of a profit warning
Hornby says fourth-quarter showed "improving trend", reveals net cash position
Hornby said at the year-end it had net cash on the balance sheet of £1.1mln, against net debt of £7.2mln a year earlier, which was ahead of management's expectations
Investments and investor services
FTSE 100 gains as investors turn to havens in the wake of US strike on Syria
Neither the US air strikes or the underwhelming US jobs data could prevent the Footsie from finishing the day in the blue
Hornby steams higher as it says its on track to meet forecasts as restructuring completes
The model railways to Scalextric firm remains confident of meeting its expectations for the year, while noting it will be loss-making as it progresses through its "transition".
DCC vrooms ahead after Norway petrol station deal
Risers and fallers at 4pm including DCC, Techfinancials, Premier African
Hornby on the right track or just going round the bend?
Five reasons why investors of a certain age would be better off buying Hornby's products than its shares
Risers and fallers: Pearson, StratMin Global, Hornby...
Pearson was hammered by investors, analysts and pretty much anybody on Monday after sales failed to pick up in the third quarter
Archive
Proactive oil highlights: Andes Energia PLC Aminex plc Baron Oil Cadogan Petroleum Eland Oil & Gas PLC Gulf Keystone Petroleum Limited Nighthawk Energy Haydale Graphene Industries PLC Highlands Natural Resources Plc Hillcrest Petroleum Hornby Plc Hurrica
Round up of oil news headlines from the world of Proactive this week.
Hornby restructuring on track
In June this year, the group said it was to carry out a root and branch restructuring
Will City toast Wetherspoons after referendum?
Pub chain set to report on any impact on consumer confidence of the referendum vote
Hornby to raise £8mln after it steams ahead to a loss
As a result of poor trading, the loss-making collectibles group is looking to raise £8mln as part of its turnaround plans to become a “smaller and more focused business”
Risers & Fallers: Clontarf, Petrel, Chemring, Debenhams, Mkango Resouces, Zegona Comm
It could all be about to happen in Ghana's Tano Basin but it is looking a bit drab at Debenhams
Hornby steams ahead after deal with bankers
Model railway and racing car maker gets respite from Barclays
Risers & Fallers: Digital Globe, Environmental Recycling, Imaginatik, UJ Oil ..
Below are the main news-driven share price changes at 1.00pm.
Most followed: End of the line for Hornby boss
Bosses head for the exit at Hornby and at Alliance Trust but HSBC decides to stay put.
Shares in Hornby steam ahead after chief executive quits
Model railway maker says Richard Ames to leave immediately
Archive
Small cap highlights: Europa, Providence, Rockhopper, DP Poland, 32 Red, Tern, ValiRX, and more
As global blue-chip equity markets capitulated, the London’s AIM market unsurprisingly remained on the back-foot, naturally though there were plenty of lowlights and highlights to spur trading on a stock-by-stock basis.
Archive
FTSE100 closes up as Yellen signals rate rise caution
UK shares finished higher on Wednesday as European indices also rose and as Fed chair Janet Yellen outlined the Central Bank's take on the global economy. .
Bank rally lifts Footsie but UK industrial output disappoints
The FTSE 100 Index climbed 60 points to 5692 as banks regained their poise
Most followed: Star Wars film studio up for sale
New Hampshire, New Danger? Trump wins comfortably while Clinton is trounced by Sanders. Meanwhile, Hornby and Goldman Sachs are both backtracking.
Investments and investor services
FTSE 100 shrugs off global economic turmoil to rally
The FTSE 100 Index ticked up 62.77 points to 5694 in early trading
Hornby recovery hits the buffers after loss warning
January promotions that failed to win over UK customers were partly to blame.
Risers & Fallers: 88Energy, Hornby, Leed Resources, Pinewood Group, Renold, Tangent Communications
Film studios operator Pinewood Group mulls putting itself up for sale, while toys group Hornby goes off the rails again
Hornby releases new toy list for 2016
Thunderbirds and Scalextric are among the old favourites with new twists being brought out this year
FTSE100 drops; Entertainment One falls on debt woes
The FTSE100 was also on its way down, losing around 70 points, or 1.1% to 6,151.
Investments and investor services
Markets: Chinese data hits miners sending FTSE100 lower
The miners contributed to a 9 point fall for the FTSE100, which stood at 6,214 around 9am.
Hornby profits hit the buffers
Hornby made an underlying loss of £3.4mln in the six months to September 30
London pre-open: Small step back expected
Weak trade data from China this morning has offered no encouragement to the bulls
Tuesday’s agenda – EnQuest investors await Alma/Galia insight
With crude oil prices at around seven year lows it is going to take something spectacularly reassuring to excite EnQuest investors tomorrow morning
Week Ahead: MPC unlikely to rock the boat
The Bank of England's Monetary Policy Committee is expected to leave its base rate unchanged; the question is, how many committee members will vote for change?
Risers and Fallers: Lonmin, Speedy Hire, Experian, Drax, Kuala and Sovereign Mines
Below are the main news-driven share price movements at 4pm.
Hornby issues profit warning as Europe turnaround effort picks up
It is revamping its supply network across Europe, following the success of its UK turnaround.
Archive
Market falls on Greek uncertainty
Traders sit tight as stand-off between Greece and creditors continues
Hornby unveils move to AIM as profits get back on track
Model railway maker secures £15mln to pay off debt
Archive
Top flight opens lower amid Greek jitters and Euro finance talks
FTSE 100 Index trades 16.57 points adrift at 6663.98
FTSE 100 dragged higher in US's slipstream
A firm start on Wall Street encouraged a rally in London