Hornby are struggling as a business. They've been making losses for years, have huge debts and stock they can't sell. Management are half way through a 3 year plan to stop the decline. In this video we take a look at the half year interim report, the January trading statement and the new 2025 model railways range. Let's hope they can turn this around!
If you'd like to buy anything from the 2025 range then please consider using the affiliate link https://railsofsheffield.com/?ref=LITTLEWICKET
My top picks below:
Lady of Legend: https://railsofsheffield.com/products/hornby-r30404-gwr-lady-of-legend-no-2999-steam-locomotive?_pos=1&_sid=dbc41a330&_ss=r&ref=LITTLEWICKET
Avanti 805: https://railsofsheffield.com/products/hornby-r30443-avanti-west-coast-class-805-5-car-train-pack-no-805005?_pos=5&_sid=f862af5eb&_ss=r&ref=LITTLEWICKET
Avanti 390: https://railsofsheffield.com/products/hornby-r30444-avanti-west-coast-class-390-cop26-livery-4-car-train-pack-no-390121?pr_prod_strat=e5_desc&pr_rec_id=ea142ce54&pr_rec_pid=15058046386560&pr_ref_pid=15059312640384&pr_seq=uniform&ref=LITTLEWICKET
LNER Azuma Train Set: https://railsofsheffield.com/products/hornby-r1288m-lner-azuma-no-800201-high-speed-set?_fid=57be201bd&_pos=11&_sid=d6c43f30e&_ss=r&ref=LITTLEWICKET
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Era 1/2 Loco Pack: https://railsofsheffield.com/products/hornby-r30445-birth-of-the-railways-200th-anniversary-train-pack-locomotion-rocket-lion?_pos=1&_sid=2085fa498&_ss=r&ref=LITTLEWICKET
Information on Hornby's financial performance here: https://www.hornby.plc.uk/
Chapters
00:00 Introduction
01:30 Half Year Report Part 1
05:27 Return of the Hobby White Paper
07:44 Half Year Report Part 2
11:23 January Trading Update
14:22 2025 Range