Hornby (HRN)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

 31.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 39.35
  • 52 Week Low: 25.58
  • Currency: UK Pounds
  • Shares Issued: 124.63m
  • Volume: 1,699
  • Market Cap: £38.64m
  • RiskGrade: 177

Hornby warns over full-year performance

By Michele Maatouk

Date: Wednesday 06 Sep 2017

LONDON (ShareCast) - (ShareCast News) - AIM-listed model train set maker Hornby warned over its full-year performance on Wednesday as trading in the financial year to date has been behind the board's expectations due to increased competition and weaker demand over the summer.
In an update ahead of its annual general meeting, the company highlighted softer market demand over the summer months and increased competition in the important UK independent channel. In addition, as previously indicated, it pointed out that some new product releases have shifted to the second half of the year and there has been a reduction in the amount of promotional activity and discounted stock being offered to the market, which was a feature of the comparative period last year.

Trading this year was expected to be more heavily weighted to the second half due to the timing of the new product releases and significant stock reduction in the first half. While it still has the key Christmas trading period ahead, Hornby cautioned that "there is a risk that the shortfall in performance to date may not be fully recovered over the remainder of the financial year".

At 1040 BST, the shares were down 15% to 27p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hornby Market Data

Currency UK Pounds
Share Price 31.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 39.35
52 Week Low 25.58
Volume 1,699
Shares Issued 124.63m
Market Cap £38.64m
RiskGrade 177

Hornby Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.57% above the market average3.57% above the market average3.57% above the market average3.57% above the market average3.57% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Price Trend
58.69% above the market average58.69% above the market average58.69% above the market average58.69% above the market average58.69% above the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Income Not Available
Growth
54.79% below the market average54.79% below the market average54.79% below the market average54.79% below the market average54.79% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

Hornby Dividends

No dividends found

Trades for 27-May-2020

Time Volume / Share Price
12:42 1,699 @ 32.13p

Hornby Key Personnel

CEO Lyndon Charles Davies

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