Robinson PLC Trading Statement (8781X)
January 17 2014 - 2:00AM
UK Regulatory
TIDMRBN
RNS Number : 8781X
Robinson PLC
17 January 2014
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 2013, which are
scheduled to be released on 20 March 2014.
Revenues are anticipated to be GBP23.4m for the year, which
represents an 11% increase on last year. Plastic resin costs were
on average around 6% higher than the previous year and these were
mainly passed on to customers. Underlying sales volumes were 8%
higher.
The revenue increase has been achieved by a combination of new
business gained within the reporting period together with the full
year effect of the previous year's business wins.
The Board anticipates the final results for 2013 will show
further 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 235 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, Two Sisters, Masterfoods,
Bakkavor, Unilever, Avon 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
TSTEASFKFSKLEFF
Robinson (LSE:RBN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Robinson (LSE:RBN)
Historical Stock Chart
From Jul 2023 to Jul 2024