Trading Statement

RNS Number : 8781X

Robinson PLC

17 January 2014

 



Robinson plc

PRE CLOSE TRADING STATEMENT

Robinson plc ("Robinson" or "the Group"; stock code: RBN), the custom manufacturer of plastic and paperboard packaging, today issues the following trading statement, prior to the announcement of its final results for the year ended 31 December 2013, which are scheduled to be released on 20 March 2014.

Revenues are anticipated to be £23.4m for the year, which represents an 11% increase on last year. Plastic resin costs were on average around 6% higher than the previous year and these were mainly passed on to customers. Underlying sales volumes were 8% higher.

The revenue increase has been achieved by a combination of new business gained within the reporting period together with the full year effect of the previous year's business wins.

The Board anticipates the final results for 2013 will show further improved profitability, in line with expectations.

For more information please contact:

Robinson plc
Guy Robinson, Finance Director	Tel: [phone]
	www.robinsonpackaging.com
WH Ireland
Katy Mitchell	Tel: [phone]

Note for Editors:

Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire) and Lodz (Poland), Robinson currently employs around 235 people. It was formerly a family business, with its origins dating back some 175 years. Today the Group's main activity is the manufacture and sale of injection moulded plastic packaging. Robinson operates primarily within the food, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as Proctor & Gamble, Nestle, Kraft, United Biscuits, Two Sisters, Masterfoods, Bakkavor, Unilever, Avon and Dr Oetker. The Group also has a substantial property portfolio with development potential.

 

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