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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Robinson Plc | LSE:RBN | London | Ordinary Share | GB00B00K4418 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 100.00 | 95.00 | 105.00 | 100.00 | 100.00 | 100.00 | 15,095 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Plastics,resins,elastomers | 50.53M | 2.34M | 0.1399 | 7.15 | 16.75M |
TIDMRBN
RNS Number : 5801W
Robinson PLC
12 December 2019
Robinson plc
12 December 2019
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 2019, which are scheduled to be released on 27 March 2020.
Revenues for 2019 are anticipated to be GBP35m, which represents a 7% increase on last year. The directors anticipate profits for 2019 will be ahead of current market expectations, reflecting the benefit of falling resin prices in the current year.
As previously reported, Dr Helene Roberts joined the business in November as Chief Executive, replacing interim Chief Executive Martin McGee who has retired from the business.
For further information, please contact:
Robinson plc www.robinsonpackaging.com Helene Roberts, Chief Executive Tel: 01246 389283 Guy Robinson, Finance Director finnCap Limited Ed Frisby / Giles Rolls, Corporate Tel: 020 7220 0500 Finance Tim Redfern / Tim Harper, ECM
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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"
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
December 12, 2019 02:00 ET (07:00 GMT)
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