RBN Robinson Plc

RNS Number:6534M
Robinson PLC
24 November 2006


FOR IMMEDIATE RELEASE                                         24 November 2006

                                  Robinson plc

                                 Contract Loss

Robinson plc (the "Company"; stock code: RBN), the custom manufacturer of
paperboard and plastic packaging, announces today that its contract to provide
paperboard containers to Goldenfry Foods Ltd will not be renewed when it 
expires at the end of 2006.

Annual revenues are around #3m from this contract. The contract provides a
contribution of circa #0.75m per annum towards the Company's fixed costs.

Jon Marx, Chief Executive, commented:

"It is disappointing that, after such a long relationship with Goldenfry, we
have lost this contract. In a highly competitive pricing environment, however,
winning the business would have resulted in unacceptable margins. We will
continue to pursue other opportunities to offset this loss and we will review
our cost structure to minimise the future impact on profit. The costs of this
reorganisation will be included in the 2006 results which are due to be
announced on 23 March 2007."

For further information, please contact:

Robinson PLC
Guy Robinson, Finance Director                               Tel: 01246 220022
                                                               www.r1son.co.uk
Bankside Consultants
Sue Scott/Michael Padley                                    Tel: 020 7367 8888

ENDS


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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