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Date Posted: 17:40:15 02/05/02 Tue
Author: Matt(Webmaster)
Subject: Harry Potter boosts Hornby profits

BBC:
Monday, 4 February, 2002, 17:23 GMT
"Harry Potter boosts Hornby profits"

The British model maker Hornby has become the latest firm to benefit from the Harry Potter phenomenon.
Sales of Hornby's Hogwarts Express train sets - based on the locomotive featured in the recent Harry Potter film - helped boost sales over the festive period.

The firm said the majority of the 10,000 Hogwarts Express sets were sold in the run-up to Christmas, and it also sold 2,000 special edition engines to collectors.

Hornby said that sales of its other model train products and its Scalextric slot-car racing system were also doing well.

The firm recently launched a CD Rom version of Scalextric which it said had received a "positive response."

In a trading statement Hornby said on the basis of current sales forecasts it expected its profits for the current financial year to "exceed significantly market expectations."

In London, Hornby's share price ended the day up 32p at 291p.

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