NEWS

Hornby set to make £1.5m profit

Published on: 5th May 2015

Hornby is expecting to make its first annual profit in three years after improved sales growth in its fourth quarter.

Hornby_Logo-wordpressSales surged 40% in its fourth quarter to the end of March and this is expected to have lifted sales growth to 13% over the financial year as a whole, both for the group and the UK business.

The Corgi version of the James Bond Aston Martin DB5, made for Goldfinger’s 50th anniversary, sold out immediately. The Scalextric Arc One car racing set has proven popular, as well as the Pendolino, Flying Scotsman and Eurostar model trains.

The company’s finance chief, Nick Stone, is leaving this year and a search has started for his successor. Chief executive Richard Ames is also planning to revamp Hornby’s European warehouses and management structures later this year.

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