Model railway maker Hornby has seen its sales surge by 33% in the six months to the end of September, as more people took up hobbies in lockdown. The firm, which also makes Corgi cars and ...

Hornby says it has purchased £400,000 of existing stock from CMC, along with a further consideration of £200,000, which will now be sold directly to its own customers, generating some £2m in ...

Shares in Hornby are climbing this morning after Phoenix Asset Management acquired a majority stake in lossmaking toymaker and made an offer worth £12.3m for the rest of the company.

Hornby added: "The board is well aware of the place Hornby has in the hearts of its loyal shareholder base, and the company's announcement today is not taken lightly.

Hornby, which also makes Corgi cars and Scalextric racing kits, said non-UK orders can resume on 4 January 2021. The company said port congestion issues are also affecting its operations.

Hornby shares fell today after the the models and collectibles retailer reiterated its forecast for a 'modest' full-year loss due to rising costs and sales falling behind its budget.

The hobby firm, known for its model trains, made a profit of £17,000 in the six months to September, up from a loss of £2.5m over the same period last year. Hornby last made a first-half profit ...

That's given Hornby a net profit of £200,000, turning around a £2.5m loss in 2019. Shares in the firm surged almost 30% on the back of the strong results. Wider ranges.