Shares in toy maker Hornby fell sharply as investors cashed in on the news that the group had done better than expected over Christmas.
At one point, shares were down as much as 7% as shareholders took profits following a spectacular rally since November of more than 30%.
“Order intake and sales for the final quarter from January to March are expected to be above the strong levels experienced last year,” the firm said earlier.
It is expecting trading to meet market expectations of around 50m for the full year, the maker of Scalextric cars and model trains said - it made 44.1m the previous year, with pre-tax profit at9m.
Hornby CEO Frank Martin said last week that one reason for the rising demand was that people finally saw and understood the benefits of digital Scalextric cars and model trains compared to analog versions.
Pilots of the new generation of Scalextric cars communicate with the vehicles via a controller that sends digital signals to a chip in the car in a realistic Formula 1 racing experience.
The European businesses also performed in line with expectations, with analysts expecting a near doubling in revenue contribution in the current year.


