Trading Statement

RNS Number : 5567N

Robinson PLC

21 January 2019

 

Robinson plc

21 January 2019

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 2018, which are scheduled to be released on 21 March 2019.

Revenues are anticipated to be £32.8m for the year, which represents overall a 10% increase on last year with underlying volumes 7% higher. The directors anticipate profits for 2018 will be comfortably in line with market expectations.

Following the previously announced leadership changes, we foresee no change in strategy and will continue to pursue plans for incremental improvement in our bottom line.

For further information, please contact:

Robinson plc Martin McGee, Interim CEO	Tel: [phone] www.robinsonpackaging.com
Guy Robinson, Finance Director
finnCap Limited	Tel: [phone]
Ed Frisby / Giles Rolls, corporate finance

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

About Robinson plc

Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire), Warsaw and Lodz (Poland), Robinson currently employs around 310 people. It was formerly a family business, with its origins dating back 180 years. Today the Group's main activity is the manufacture and sale of injection and blow moulded plastic packaging. Robinson operates primarily within the food, household, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as McBride, Proctor & Gamble, Reckitt Benckiser, SC Johnson, and Unilever. The Group also has a substantial property portfolio with development potential.

Robinson plc, Chesterfield, S40 2AB, UK. Registered number 39811 (England)     AIM code "RBN"

 

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