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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 | 0.00 | 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 : 5720N
Robinson PLC
10 May 2018
Robinson plc
AGM TRADING STATEMENT
Robinson plc ("Robinson" or the "Group" stock code: RBN), the custom manufacturer of plastic and paperboard packaging based in Chesterfield, is holding its Annual General Meeting today at 11.30am. The Chairman, Richard Clothier, will make the following statement.
"It is particularly satisfying to report sales growth of 15% in the first four months of 2018. Underlying volumes are 10% higher with the balance of the increase attributable to resin prices and foreign exchange rates. With higher costs associated with our plans for business growth, profits in this period are at a similar level to 2017.
There are significant investments in new projects planned to commence in the second half, and the outlook for the year remains in line with market expectations."
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
For more information please contact:
Robinson plc Guy Robinson, Finance Director Tel: 01246 389283 www.robinsonpackaging.com finnCap Ed Frisby / Giles Rolls, corporate Tel: 020 7220 0500 finance Stephen Norcross / Nikita Jain, corporate broking
Note for Editors:
Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire), Warsaw and Lodz (Poland), Robinson currently employs around 310 people. It was formerly a family business, with its origins dating back 179 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 Proctor & Gamble, McBride, Sonoco, Bakkavor, Two Sisters and British Pepper & Spice. 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
AGMQKLFBVEFBBBD
(END) Dow Jones Newswires
May 10, 2018 02:00 ET (06:00 GMT)
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