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Hornby improves sales, but cuts benefits

The company trusts in its new licenses for 2012

11/06/2012

Hornby has improved sales in its last fiscal year, ended March 31, up to 64.4 million pounds from 63.3 million the previous year. Profit before tax fell from 4.1 to 3.9 million pounds.

The company had good sales in the US and Europe, which helped to partially offset the fall in profits of 30% in the British market, down to 3 million pounds.

The company relies on its portfolio of licenses for 2012, with the London Olympics, Star Wars, Moshi Monsters, and Skyfall, the next James Bond movie.

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