Robinson PLC Trading Statement (8312V)
January 21 2013 - 2:00AM
UK Regulatory
TIDMRBN
RNS Number : 8312V
Robinson PLC
21 January 2013
Robinson plc
PRE CLOSE 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 2012, which are
scheduled to be released on 21 March 2013.
Revenues are anticipated to be GBP21.2m for the year, which
remains in line with management's expectations. This represents a
1% decline on last year but plastic resin costs were on average
around 9% lower than the previous year and these were mainly passed
back to customers. Underlying volumes are approximately 2% higher
than in 2011.
New business gained in the year has been slower to come
on-stream than anticipated due to delays within our customers'
operations but these are all now in production and should provide a
full year benefit to 2013.
The Board anticipates the final results for 2012 will show some
improved profitability, in line with expectations.
For more information please contact:
Robinson plc
Guy Robinson, Finance Director Tel: 01246 389283
www.robinsonpackaging.com
WH Ireland
Katy Mitchell Tel: 0161 832 2174
Note for Editors:
Headquartered in Chesterfield, with manufacturing facilities in
Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire) and Lodz
(Poland), Robinson currently employs around 225 people. It was
formerly a family business, with its origins dating back some 175
years. Today the Group's main activity is the manufacture and sale
of 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 Proctor &
Gamble, Nestle, Kraft, United Biscuits, Northern Foods,
Masterfoods, Bakkavor, Unilever, Avon, Boots and Dr Oetker. The
Group also has a substantial property portfolio with development
potential.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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