Hornby sets sights on getting back on track

Hornby: the train set maker plans to raise £8 million
Hornbury graph

Hornby, which makes model trains and also owns other brands, such as Scalextric and Corgi, plans to raise £8 million to fund a restructuring plan.

“The board has now completed a thorough review, which has identified that many core parts of the group are stable, profitable and cash generative, driven by iconic brands with strong ...