Hornby expects full-year sales to grow by 28 per cent
Toy company Hornby has said a 'very encouraging' rise in sales over the last quarter has meant total purchases in the previous financial year were over 25 per cent higher. The Margate-based firm, well known for its model train and Scalextric sets, added that it was functioning more effectively than during the first lockdown despite uncertainty caused by the coronavirus. It stated that full-year cumulative group sales grew by 28 per cent though its net cash at the end of March declined year-on-year from £5.4million to £4.7million. Trains: Hornby said full-year cumulative group sales grew by...
Source: thisismoney.co.uk