Are Hornby in Financial Trouble? | BIG Losses & Crashing Share Prices
Hornby recently published their 2024 Annual Report and Accounts revealing huge losses for the period. Borrowing and net debt are at record levels. Share prices remain low. In this video we take a look at the results and investigate why Hornby are in this position and what they plan to do about it.
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00:00 Introduction
00:51 Hornby's Heritage
01:52 Financial History
03:18 Recent Results
03:53 Shareholders and Investors
04:51 Frasers Group and Mike Ashley
05:31 Strategy - Price Increase and Stock Management
08:00 The WonderWorks
09:33 On the Right Track?
10:35 Turning Things Around
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