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    HRN   GB00B01CZ652

HORNBY PLC

(HRN)
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Hornby : AGM - Shareholder Questions

09/24/2020 | 01:40pm EDT

HORNBY PLC AGM 23 SEPTEMBER 2020

The AGM this year was closed due to COVID-19. We therefore invited shareholders to send us questions in advance of the AGM.

We have 3 questions from shareholders:

  1. Hornby were asked where they are with their search for another non-exec director (as stated in 2019 and 2020 Annual Report and Accounts)
    Hornby Response:
    We have reviewed our position over the last three months and have decided that at the present time there is no benefit to Hornby of bringing in another non-exec just for the sake of it. We will however keep this under constant review and should a suitable candidate with relevant experience become known to us we may reconsider.
  2. The Annual Report and Accounts mentioned new website being developed, when will this go live?
    Hornby Response:
    The new website is in development but has been delayed due to the COVID-19 situation. We are however hopeful that the new site will go live within the next 6 months.
  3. When will you be issuing your next trading statement? Hornby Response:
    As is normal practice we will be issuing our half year results in November 2020.

Disclaimer

Hornby plc published this content on 24 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2020 17:39:09 UTC


ę Publicnow 2020
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Sales 2021 48,5 M 66,3 M 66,3 M
Net income 2021 1,36 M 1,86 M 1,86 M
Net cash 2021 1,88 M 2,56 M 2,56 M
P/E ratio 2021 55,0x
Yield 2021 -
Capitalization 70,1 M 95,9 M 95,7 M
EV / Sales 2020 1,35x
EV / Sales 2021 1,47x
Nbr of Employees 193
Free-Float 98,3%
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Managers and Directors
Lyndon Charles Davies Chief Executive Officer & Executive Director
Kirstie Elaine Gould Chief Financial Officer, Secretary & Director
John Watson Stansfield Non-Executive Chairman
Daniel Carter Independent Non-Executive Director
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