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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
Change: 0.00 (0.00%)
Spread: 15.00 (14.286%)
Open: 112.50
High: 112.50
Low: 112.50
Prev. Close: 112.50
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Robinson sees decent sales growth in first part of year

Thu, 09th May 2019 10:37

(Sharecast News) - Plastic and paperboard packaging manufacturer Robinson reported year-on-year sales growth of 15% in the first four months of its financial year on Thursday, as investors gathered for the annual general meeting.The AIM-traded firm said underlying volumes were 12% higher in the period, with the balance of the increase being put down to increased prices being offset by movements in foreign exchange rates.Chairman Alan Raleigh said margins and operating costs were at a similar level as last year, with a subsequent increase in operating profits.Net borrowings were at a similar level to the end of 2018, after capital expenditure of £1m."We expect lower sales in the second quarter from reversal of the stock builds relating to new product launch pipelines, Brexit contingency planning in the UK and from re-phasing of new projects across the group," Raleigh told shareholders."The outlook for the year remains in line with previously communicated sales growth - double digit percentage - and market profit expectations."
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17 Jan 2014 08:54

Robinson Says 2013 Revenue Expected To Be Up 11%

LONDON (Alliance News) - Packaging solutions business Robinson PLC Friday said it expects revenue for the full year to be up by around 11% on last year following a number of new contract wins. The manufacturer of plastic and paperboard packaging expects to report revenue of GBP23.4 million

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5 Nov 2013 11:56

DIRECTOR DEALINGS: Robinson CEO Exercises Share Options

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21 Jan 2013 09:38

Packaging manufacturer Robinson predicts revenue decline for 2012

Robinson, the manufacturer of plastic and paperboard packaging, expects its revenue to decline by one per cent over 2012, the company has announced in a pre-close trading statement ahead of its release of final results for the year due out in March. The company stated that it was expecting revenues

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31 May 2012 15:50

3i Chief Executive buys four million shares

Simon Borrows, the new Chief Executive of FTSE 250 private equity infrastructure and debt management group 3i, has celebrated his new position with the purchase of four million shares. The director, who clearly has faith in his own ability to overcome the company's challenges, handed over £6.9m fo

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23 Mar 2012 07:43

Robinson rockets on profits growth

Plastic packaging maker Robinson has seen revenues and profits beat expectations during 2011 after it managed to sell its underperforming paperboard tube business. Group revenue increased by 10% over 2010 to £21.5m, better than than the consensus forecast of £21.4m. Profits before tax rose 23% to h

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28 Dec 2011 14:46

RBS off US hook

The US Department of Justice is dropping a deferred prosecution against the Royal Bank of Scotland (RBS) that has been hanging over the group's American operations since 2007. The news means the authorities in the US now believe RBS complies with banking secrecy and dollar clearing laws that have a

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6 Apr 2011 16:22

Hiscox directors take stakes

Two directors at Hiscox have invested in stakes in the FTSE 250-listed specialist insurer. Andrea Rosen, who is also a director of Canadian energy group Emera, took 5,473 shares at 380.5p a time, paying more than £20,000. Ernst Jansen, who joined Hiscox in 2008 after a career in the European chemi

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25 Mar 2011 17:42

Robinson soars after 78% profit increase

Robinson shares soared over 16% after the packaging manufacturer revealed a 78% profit increase in 2010 on sales that grew 13%. Pre-tax profit for the 12 months to 31 December surged to £1.71m, from £0.96m in 2009, as a better customer mix and lower labour and electricity costs resulted in a gross

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