FTSE 100 Live 08 January: Index seen lower after US selling, Hornby on track

FTSE 100 Live 08 January: Index seen lower after US selling, Hornby on track
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FTSE 100 Live 08 January: Index seen lower after US selling, Hornby on track
Author: Graeme Evans
Published: Jan, 08 2025 07:26

Summary at a Glance

Chief executive Rob Parker said: “Whilst it is early in the financial year and macroeconomic indicators remain mixed, we are pleased that our growth strategy is delivering strong results.”.

Chief executive Lee Tappenden said: “Performance was particularly strong in the later part of the quarter as a result of the actions we took to elevate our Black Friday and Christmas campaigns this year.”.

Chief executive Olly Raeburn said: “Our turnaround is very much on track as we further reduce central costs, focus on our core brands and improve operational processes across the business.".

FTSE 100 Live 08 January: Index seen lower after US selling, Hornby on track Hornby, Topps Tiles and ProCook are in the spotlight after posting updates.

Parker also announced his intention to step down after 18 years with the group and five years as chief executive.

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