Airfix report large losses

[TonyT]

Mainly due to the stuff they produced for the Olympics

See

http://www.bbc.co.uk/news/business-22810510

http://news.sky.com/story/1100667/airfix-owner-hornby-battles-for-britain

Edited June 8, 2013 by TonyT

[peebeep]

That needs clarification, Hornby may well have made losses (on what I would regard as ill judged Olympic themed products amongst other things), but Airfix itself is in rude health having increased turnover over the last twelve months.

peebeep

[HOLMES]

That needs clarification, Hornby may well have made losses (on what I would regard as ill judged Olympic themed products amongst other things), but Airfix itself is in rude health having increased turnover over the last twelve months.

peebeep

I quite agree there peebeep.

[Johnopfor]

Parent firm Hornby says it will return to local manufacturing as a way of reducing costs and production risks for its award-winning Airfix QuickBuild range.

I hope that they do something about the plastic in the kits, I'm not a big fan of the current composition.....it's too "rubbery" and I had to throw away an Hawk kit because the Kustom Kolors paint that I used pitted the plastic.

[Richard M]

Airfix made money for Hornby last year and Humbrol increased sales by 20%, it's the other ranges which made losses and there was a large write off due to relaunching the Italian brand Pocher.

[zeus60]

That needs clarification, Hornby may well have made losses (on what I would regard as ill judged Olympic themed products amongst other things), but Airfix itself is in rude health having increased turnover over the last twelve months.

peebeep

I had to look up what "in rude health" means, which is good health.

P.S. I helped by buying a 1/72 Bf 109G-6 kit today. :D/>

[Flankerman]

I had to look up what "in rude health" means, which is good health.

I think it derives from 'ruddy health' - meaning red-faced healthy.

Meanwhile, back to Airfix/Hornby..........

Ken