Trading Statement

RNS Number : 5801W

Robinson PLC

12 December 2019

 

Robinson plc

12 December 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 2019, which are scheduled to be released on 27 March 2020.

Revenues for 2019 are anticipated to be £35m, which represents a 7% increase on last year. The directors anticipate profits for 2019 will be ahead of current market expectations, reflecting the benefit of falling resin prices in the current year.

As previously reported, Dr Helene Roberts joined the business in November as Chief Executive, replacing interim Chief Executive Martin McGee who has retired from the business.

For further information, please contact:

Robinson plc	www.robinsonpackaging.com
Helene Roberts, Chief Executive Guy Robinson, Finance Director	Tel: [phone]
finnCap Limited
Ed Frisby / Giles Rolls, Corporate Finance Tim Redfern / Tim Harper, ECM	Tel: [phone]

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

Note for Editors:

Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire), Warsaw and Lodz (Poland), Robinson currently employs around 325 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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