UK's Hornby gains on positive Q3 sales growth
08/01/2025 13:12
** Shares of Hornby HRN.L rise 5.9% to 27 pence
** HRN posts Q3 sales up 7% YoY
** Adds strong programme of activity around Black Friday and
Christmas contributed to 23% revenue growth vs a year ago for
December
** Co says current forecast to year-end March 2025 on track
for YoY growth
** Turnaround is on track as co further reduces central
costs, focusing on core brands and improving operational
processes across business, CEO Olly Raeburn says
** Stock rose ~43.8% in 2024
(Reporting by Ankita Bora in Bengaluru)
((Ankita.Bora@thomsonreuters.com))