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Pin to quick picksRobinson Share News (RBN)

Share Price Information for Robinson (RBN)

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Share Price: 112.50
Bid: 105.00
Ask: 120.00
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Robinson Hires Klockner Pentaplast Executive Adam Formela As New CEO

Tue, 20th Aug 2019 09:41

(Alliance News) - Plastic and paper packaging firm Robinson PLC said Tuesday it has appointed Helene Roberts as chief executive officer with effect on November 4.

She will be replacing Adam Formela, who left the group in December after 11 years in the role since 2007.

Since Formela left, Martin McGee has been CEO of Robinsons on an interim basis. McGee will step down from the board also on November 4.

Roberts is currently managing director for the UK, Ireland and Australia at plastic packaging and printing firm Klockner Pentaplast for two years since 2017.

"Helene's deep understanding and experience of plastics packaging - which includes materials, product design and innovation, end-to-end business improvement and the plastics circular economy, combined with her obvious leadership talent, gives the board great confidence that she can lead Robinson on the next phase of our journey," said Chair Alan Raleigh.

"I would also like to place on record the board's appreciation for the excellent contribution that Martin McGee has made as interim chief executive," said Raleigh.

Shares in Robinson were down 0.6% at 80.00 pence on Tuesday.

More News
9 May 2024 17:20

Robinson reports sales growth amid discussions to appoint new CEO

(Alliance News) - Robinson PLC on Thursday said it is in "advanced discussions" over the appointment of a new chief executive officer, after a "thorough search process with a leading recruitment agency", and also reported strong sales growth.

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9 May 2024 12:11

LONDON MARKET MIDDAY: Stocks climb as BoE holds but two back cut

(Alliance News) - The FTSE 100 was higher on Thursday afternoon, after the Bank of England maintained the benchmark UK interest rate at 5.25%, albeit with a vote split that encouraged rate cut expectations.

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9 May 2024 11:46

Robinson sees strong H2 momentum carry over into 2024

(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson said on Thursday that momentum experienced in the second half of 2023 has continued into 2024.

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9 May 2024 10:44

AIM WINNERS & LOSERS: Robinson sales up; Thor Energy halts ASX trading

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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18 Jan 2024 14:31

EARNINGS AND TRADING UPDATES: GetBusy hails integration into Ultratax

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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24 Oct 2023 19:21

EARNINGS AND TRADING: Robinson hit by Storm Babet, Altona loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

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17 Aug 2023 16:06

Packaging firm Robinson swings to first-half loss

(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson reported a decline in first-half revenue on Thursday, noting a drop of 4.3% to stand at £24.3m.

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17 Aug 2023 10:10

Robinson maintains half-year dividend despite swing to loss

(Alliance News) - Robinson PLC on Thursday reported a swing to an interim loss as operating costs increased and revenue declined, with the company noting challenging macroeconomic conditions.

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14 Aug 2023 10:07

IN BRIEF: Robinson makes gain on property sale; reaches pension accord

Robinson PLC - Chesterfield, England-based plastic and paperboard packaging manufacturer - Sells 1.3 acres of surplus property at Walton Works in Chesterfield for GBP1.5 million, giving GBP1.1 million in net proceeds. Property had a GBP540,000 book value and was producing rent of GBP5,000 per year. Robinson estimates that its surplus property holdings, including the property just sold, has a GBP7.4 million market value. It plans to reinvest surplus property sale proceeds in its packaging business.

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22 Jun 2023 10:25

IN BRIEF: Robinson says annual profit to be in line with guidance

Robinson PLC - Chesterfield, England-based plastic and paperboard packaging manufacturer - Expects to deliver full-year adjusted operating profit in line with expectations despite the ongoing macroeconomic uncertainty and volatility. Says sales in the first five months of the year is 2% below the comparative period in 2022. Says sales volumes are 11% lower than the year before. Looking ahead, expects uncertainty and volatility experienced since the beginning of 2021 to continue throughout 2023.

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31 May 2023 13:37

Robinson sells part of Walton Works property to Peppermint Grove

(Alliance News) - Robinson PLC on Wednesday announced it sold a part of the Walton Works surplus property known as Mill Lane in Chesterfield, Derbyshire.

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31 May 2023 12:42

Robinson sells off surplus Chesterfield property

(Sharecast News) - Plastic and paperboard packaging specialist Robinson has successfully completed the sale of a portion of its surplus property known as 'Mill Lane', located in Chesterfield, it announced on Wednesday.

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30 Mar 2023 17:55

TRADING UPDATES: Time Out revenue rises; Arbuthnot gets rates boost

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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24 Jan 2023 14:40

TRADING UPDATES: NAHL expects annual profit to top market consensus

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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8 Sep 2022 12:04

IN BRIEF: Robinson swings to interim profit; revenue tops costs growth

Robinson PLC - Chesterfield, England-based plastic and paperboard packaging manufacturer - Swings to interim pretax profit following price increases. Pretax profit in six months to June stands at GBP2.8 million compared to a loss of GBP581,000 a year prior. Revenue climbs 20% to GBP25.4 million from GBP21.2 million, outpacing cost of sales, which widens by 17% to GBP20.8 million from GBP17.7 million.

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