Trading Statement
January 18 2006 - 2:01AM
UK Regulatory
RNS Number:0584X
Robinson PLC
18 January 2006
FOR IMMEDIATE RELEASE 18th January 2006
Robinson plc
Trading Statement
Robinson plc ("Robinson" or "the Company"; stock code: RBN), the custom
manufacturer of paperboard and plastic packaging, today issues the following
year end trading statement, prior to entering its usual close period ahead of
the announcement of its preliminary results for the year ended 31 December 2005.
Despite difficult market conditions, Robinson expects a modest year-on-year
increase in turnover, with profits anticipated to be in line with the Board's
expectations, thanks to the Company's ability to largely pass on increased raw
material costs. The redevelopment of the Company's recently acquired
manufacturing facility in Lodz, Poland, is progressing as planned, with first
production expected during the first quarter of 2006.
Robinson's preliminary results for the year ended 31 December 2005 are scheduled
to be announced on 24th March 2006.
About Robinson
Based in Chesterfield, and with additional manufacturing facilities in
Kirkby-in-Ashfield, Nottinghamshire, in Toronto, Canada, and in Lodz, Poland,
Robinson currently employs over 400 people. It was formerly a family business,
with its origins dating back some 165 years. Today the Company's main activities
are in the manufacture and sale of rigid paper packaging and 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
Nestle, Lever Faberge and Whyte & Mackay. The Company also has a substantial
property portfolio with significant development potential.
Enquiries:
Robinson plc
Guy Robinson, Finance Director Tel: 01246 220022
Bankside Consultants
Susan Scott/Michael Padley Tel: 020 7367 8888
END
This information is provided by RNS
The company news service from the London Stock Exchange
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