RBN Robinson Plc

RNS Number:7027L
Robinson PLC
14 January 2008

FOR IMMEDIATE RELEASE                                            14 January 2008

                                  Robinson plc
                               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 preliminary results for the
year ended 31 December 2007, which are scheduled to be released on 14 March
2008.

Turnover for the Group overall in 2007 decreased by 11%. This was largely
attributable to the previously reported loss of a major long standing customer
of the UK Paperboard business. Turnover from the Plastics division rose by 1%
due mainly to a full-year contribution from the Stanton Hill business, acquired
in May 2006.

Despite the overall increase in plastics sales, revenues from our UK facilities
declined due to the continued transfer of both plant and customers to our
facility in Lodz, Poland. As part of the Group restructuring, action is being
taken to reduce capacity in the UK, which has resulted in 26 redundancies at our
Kirkby factory and write-downs in the value of plant and machinery amounting to
around �0.7m. The financial impact of these actions will be reflected in the
2007 full year results. The resultant improvements to our UK cost structure will
improve efficiency with the objective of enhanced earnings in 2008. Our recently
established Polish facility is expected to continue to show significant
profitable growth.

In the UK Paperboard division, a recently-won 2 year contract to supply gravy
granule packaging to a new company will significantly improve sales in 2008.
This has the potential to go some way to offset the lost major contract in late
2006.

The proposed sale of the surplus property in Chesterfield is progressing with a
revised planning application expected to be submitted early in 2008.


For further information, please contact:

Robinson plc                                                  Tel: 01246 220022
Guy Robinson, Finance Director                                  www.r1son.co.uk

Bankside Consultants                                         Tel: 020 7367 8888
Sue Scott/Michael Padley

ENDS






                      This information is provided by RNS
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