|Bid||0.00 x 810000|
|Ask||0.00 x 750000|
|Day's Range||24.90 - 25.04|
|52 Week Range||19.00 - 37.00|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 19, 2018 - Jun 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||37.95|
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - EDF Energy has threatened to abandon ...
When Hornby plc (AIM:HRN) announced its most recent earnings (30 September 2017), I did two things: looked at its past earnings track record, then look at what is happening inRead More...
Troubled toy trains maker Hornby has struck a deal on Tuesday with its lender to prop up the finances as it continues to struggle with a dip in sales. The company, which is in the middle of a turnaround plan under new chief executive Lyndon Davies, admitted that its decision to stop discounting goods and delays in delivering its products had continued to hit sales in 2018. Barclays, its current lender, has agreed to support the company and waive its underlying profits covenant for the three months to March 31.
The company, which had decided it would no longer offer large quantities of stock at a discount after a review by new Chief Executive Officer Lyndon Charles Davies, said lack of discounting coupled with late product deliveries continued to hit its sales rate. Core earnings were hurt by reduced sales volumes, it added.
Hornby plc (AIM:HRN), a leisure company based in United Kingdom, saw significant share price volatility over the past couple of months on the AIM, rising to the highs of £0.34Read More...
Categories: Yahoo FinanceGet free summary analysis Hornby Plc reports financial results for the half-year ended September 30, 2017. Highlights Summary numbers: Revenues of GBP 17.03 million, Net Earnings of GBP -5.71 million. Gross margins narrowed from 34.37% to 25.68% compared to the same period last year, operating (EBITDA) margins now -15.84% from -6.43%. Earnings rose compared to ... Read more (Read more...)
(Reuters) - British toymaker Hornby Plc (HRN.L) warned on Tuesday that its full-year profitability would be hit by lower revenue and said it would no longer offer large quantities of stock at a discount ...
(Reuters) - Hornby Plc (HRN.L) appointed Lyndon Charles Davies as its chief executive, the maker of Thomas & Friends model train sets said on Tuesday. Steve Cooke, who stepped down as chief executive last ...
Hornby plc (AIM:HRN), a consumer durables and apparel company based in United Kingdom, saw significant share price volatility over the past couple of months on the AIM, rising to theRead More...
Categories: Yahoo FinanceGet free summary analysis Hornby Plc reports financial results for the year ended March 31, 2017. We analyze the earnings along side the following peers of Hornby Plc – Games Workshop Group PLC (GAW-GB) that have also reported for this period. Highlights Gross margins narrowed from 37.74% to 30.15% compared to the same period last ... Read more (Read more...)
Prime Minister Theresa May ditched a series of promises from the Conservative manifesto, illustrating her weakness after the disappointment of this month's election, as she set out a Brexit-focused government programme on Wednesday. Bank of England's chief economist, Andy Haldane, said on Wednesday that he was likely to vote for an interest rate hike in 2017, putting himself at odds with Mark Carney the day after the governor said "now is not the time" to do so. Phoenix Asset Management said it has acquired a majority stake in Hornby Plc after buying the entire stake of activist investor New Pistoia which succeeded in seeing the removal of Roger Canham as chairman of the loss-making British toymaker.
The following are the top stories on the business pages of British newspapers. * Business groups applauded a more pro-business tone from the government in the Queen's Speech yesterday, but warned that they were still in the dark over future trading arrangements. * Just 24 hours after Bank of England governor Mark Carney said the state of the economy and the uncertainty caused by Brexit meant borrowing costs should stay on hold, the bank's chief economist, Andy Haldane said it would be prudent to tighten policy before the end of the year.
U.K. model railway maker Hornby Plc is being bought by a group of investors including its chairman, who this year fought off a shareholder rebellion.