Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRobinson Share News (RBN)

Share Price Information for Robinson (RBN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 150.00
Bid: 140.00
Ask: 160.00
Change: 0.00 (0.00%)
Spread: 20.00 (14.29%)
Open: 150.00
High: 150.00
Low: 150.00
Yest. Close: 150.00
RBN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Robinson Profit Surges In First Half On Strong Demand For Its Products

Tue, 18th Aug 2020 11:49

(Alliance News) - Robinson PLC on Tuesday said its performance improved in the first half of 2020 amid strong demand for its products.

The plastic and paperboard packaging manufacturer reported revenue growth of 5% for the six months to the end of June to GBP17.9 million from GBP17.1 million generated a year earlier.

Pretax profit rose to GBP1.1 million from GBP300,000 year-on-year.

A first interim dividend of 3.5 pence - up from 2.5p a year prior - per share was paid to shareholders on July 30, Robinson said. The company declared a second interim dividend of 2.0p per share - versus none paid a year ago - to be paid on October 1.

"We are very happy with this continued progress in the first half, despite the challenging conditions arising from the Covid-19 pandemic. The main market sectors for which we supply packaging have shown resilience throughout the pandemic, with notable increases in demand for our products used in liquid hand soap, sanitiser and household cleaning," said Chair Alan Raleigh.

AIM-listed Robinson shares were trading 1.1% lower in London on Tuesday at 130.50 pence each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

TRADING UPDATES: Arbuthnot swings to loss, to assess dividends in 2021

TRADING UPDATES: Arbuthnot swings to loss, to assess dividends in 2021

25 Mar 21 17:37

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

18 Mar 21 16:06

TRADING UPDATES: BATM sells subsidiary; Learning Tech buys getBridge

TRADING UPDATES: BATM sells subsidiary; Learning Tech buys getBridge

1 Mar 21 19:10

Robinson Buys Danish Container Maker Schela Plast For GBP8 Million

Robinson Buys Danish Container Maker Schela Plast For GBP8 Million

11 Feb 21 11:11

Robinson acquires Danish container manufacturer

(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson said on Thursday that it had acquired Schela Plast, a Danish designer and manufacturer of blow-moulded containers.

11 Feb 21 10:18

IN BRIEF: Robinson Annual Earnings To Beat Expectations And Prior Year

IN BRIEF: Robinson Annual Earnings To Beat Expectations And Prior Year

21 Jan 21 14:38

Robinson Profit Surges In First Half On Strong Demand For Its Products

Robinson Profit Surges In First Half On Strong Demand For Its Products

18 Aug 20 11:49

Robinson Restores Shareholder Payout Amid Greater Clarity On Trading

Robinson Restores Shareholder Payout Amid Greater Clarity On Trading

30 Jun 20 14:36

Robinson reinstates dividend, shares surge

(Sharecast News) - Robinson has re-instated its dividend after the packaging specialist saw sales nudge ahead in the first half despite the impact of the Covid-19 pandemic.

30 Jun 20 09:29

Robinson Profit Surges But Decides Against Final Dividend

Robinson Profit Surges But Decides Against Final Dividend

1 Apr 20 10:31

Robinson 2019 Results To Be Delayed As Auditors Need More Time

Robinson 2019 Results To Be Delayed As Auditors Need More Time

27 Mar 20 06:50

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

20 Mar 20 16:00

Robinson Expects Annual Profit To Beat Views On Resin Price Decline

Robinson Expects Annual Profit To Beat Views On Resin Price Decline

12 Dec 19 14:15

Robinson FY revenues on track for growth

(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson told investors on Thursday that its revenues looked set to have grown year-on-year.

12 Dec 19 09:59

Robinson Profit Rises In First Half As Customers Prepared For Brexit

(Alliance News) - Robinson PLC on Wednesday said profit more than trebled in the first half of 2019, as customers stockpiled ahead of Brexit.The plastic packaging firm's pretax profit a

21 Aug 19 08:27

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.