Robinson PLC Delay in the publication of Financial Statements (7878H)

TIDMRBN

RNS Number : 7878H

Robinson PLC

26 March 2020

Robinson plc

Delay in the publication of Audited Financial Statements

The Board of Robinson plc (the "Company") advises its shareholders that there will be a small delay in the publication of the Company's audited financial results for the year ended 31 December 2019 ("Audited Results"). The Company has been advised by its auditors Mazars LLP ("Mazars") that, following guidance today from the financial authorities and given the developments and prevailing circumstances surrounding COVID-19, the audit process in relation to the Board's going concern assessment and associated disclosures will now require more time to complete.

In light of the above, while the Company had intended to announce its Audited Results on 27 March 2020, the Company will now defer the publication of its Audited Results for a short period of time.

The Company emphasises that the delay arises from preparing the additional disclosures required in relation to Covid-19 and the audit work Mazars is required to perform on these and not as a result of concerns relating to 2019 results.

For further information, please contact:

 
Robinson plc                         www.robinsonpackaging.com 
Guy Robinson, Finance Director               Tel: 01246 389283 
 
finnCap Limited 
Ed Frisby / Giles Rolls, corporate          Tel: 020 7220 0500 
 finance 
 Tim Redfern / Tim Harper, ECM

Note for Editors:

Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire), Warsaw and Lodz (Poland), Robinson currently employs around 325 people. It was formerly a family business, with its origins dating back 180 years. Today the Group's main activity is the manufacture and sale of injection and blow moulded plastic packaging. Robinson operates primarily within the food, household, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as McBride, Proctor & Gamble, Reckitt Benckiser, SC Johnson, and Unilever. The Group also has a substantial property portfolio with development potential.

   Robinson plc, Chesterfield, S40 2AB, UK. Registered number 39811 (England)         AIM code "RBN"

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