RBN Robinson Plc

 

TIDMRBN 
 
RNS Number : 0517H 
Robinson PLC 
12 February 2010 
 
 
 
12 February 2010 
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 2009, which are scheduled to be released on 26 March 
2010. 
Revenues, at GBP23.8m for the year, were 8% lower than in the previous year but 
in line with management's expectations. However, importantly the second half 
results, where revenues were just 2% lower than in the corresponding period in 
2008, have been a substantial improvement over the first half of the year when 
revenues were 15% lower than in the same period of 2008. The lower revenues were 
largely a result of sudden destocking in the toiletries sector which occurred 
during the second quarter. In addition, the North American paperboard business 
suffered from its exposure to the US market where sales through duty free 
outlets were particularly badly hit. The plastics business in Poland continued 
to show positive growth. 
 
About Robinson 
Based in Chesterfield, with additional manufacturing facilities in 
Kirkby-in-Ashfield and Stanton Hill (Nottinghamshire) in Toronto (Canada) and in 
Lodz (Poland), Robinson currently employs around 400 people. It was formerly a 
family business, with its origins dating back some 165 years. Today the Group's 
main activities are in the manufacture and sale of injection moulded plastic and 
rigid paperboard 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 
Proctor & Gamble, Nestlé, Kraft, Cadbury, Northern Foods, Masterfoods, Bakkavor, 
Unilever, Avon and Chivas. The Group also has a substantial property portfolio 
with significant development potential. 
 
For further information, please contact: 
+-----------------------------------------+---------------------------+ 
| Adam Formela, Chief Executive, Robinson | 01246 505196              | 
| plc                                     |                           | 
+-----------------------------------------+---------------------------+ 
| Guy Robinson, Finance Director,         | www.robinsonpackaging.com | 
| Robinson plc                            |                           | 
+-----------------------------------------+---------------------------+ 
|                                         |                           | 
+-----------------------------------------+---------------------------+ 
| Nick Tulloch, Arbuthnot Securities      | 020 7012 2000             | 
| Limited                                 |                           | 
+-----------------------------------------+---------------------------+ 
|  Paul Gillam, Arbuthnot Securities      |                           | 
| Limited                                 |                           | 
+-----------------------------------------+---------------------------+ 
 
 
Robinson plc, Chesterfield, S40 2PH, UK.            Registered number 39811 
(England)        AIM code "RBN" 
 
ENDS 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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