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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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The Markets
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Proactive UK has moved.
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Retail

Hornby up 3.3% after key Christmas trading update

Shares of Hornby PLC (LSE:HRN) were up 3.3% in early trading after the model train Scalextric maker said it had negotiated the key Christmas period without incident.

Sales for the quarter ending 31 December were up 5%, against a broader market decline of 1.5%.

Notably, Hornby's Black Friday campaign led to a 10% revenue boost in November, with over half of the transactions coming from first-time buyers.

Looking ahead, the group said it remains on track for year-on-year growth for the 12 months ended 31 March 2024, while scaling down historic inventory.

The stock was up 0.5p at 16p.

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