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Pin to quick picksRobinson Share News (RBN)

Share Price Information for Robinson (RBN)

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Share Price: 100.00
Bid: 95.00
Ask: 105.00
Change: 0.00 (0.00%)
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Open: 100.00
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Robinson warns revenue will fall, but remains upbeat with new business wins

Thu, 12th Jan 2017 09:53

(ShareCast News) - Plastic and paper packaging manufacturer Robinson warned that revenue is expected to be lower than the previous year due to lost business and waning demand, but remained upbeat as it has already gained new business for the 2017 financial year.The company anticipates trading profits for the year will be "slightly below" market expectations, due to a fall in sales.Revenues are anticipated to fall 5.6% for the year ended 31 December to £27.5m, compared to 2015, due to lost business and lower demand for certain categories of branded goods, even though movements in average exchange rates added £800,000 to revenues in 2016.New business that had been planned for the second half of 2016 was delayed, but the company said it will benefit 2017.Since the new year, the company has "significant" new business confirmed, and along with the delayed business from the 2016 rolling into this year, the company expects to deliver revenue and earnings growth for 2017.On 9 January, Chesterfield Borough Council's planning Committee approved plans to develop the surplus 15 acre Boythorpe Works and eight acre Walton Works sites for residential and retail use.Shares in Robinson were down 0.07% to 140.40p at 0909 GMT.
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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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26 May 2022 22:00

TRADING UPDATES: DP Eurasia posts strong sales growth on Turkey demand

(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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28 Apr 2022 11:18

IN BRIEF: Robinson nets GBP2.5 million from operational property sale

Robinson PLC - Chesterfield, England-based plastic and paperboard packaging manufacturer - Sells operational property to a joint venture between Rotherhill Developments Limited and Euro Property Investments Ltd, completed on Wednesday. Robinson receives GBP2.5 million through the deal, under which Robinson will leaseback the property for six to nine months. It is currently used by Robinson for the manufacture of plastic packaging.

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28 Apr 2022 10:53

AIM WINNERS & LOSERS: Empyrean recovers, HSS swings to annual profit

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

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24 Mar 2022 12:41

Robinson turns to loss amid inflation and pandemic uncertainty

(Alliance News) - Robinson PLC on Thursday posted an annual loss due to challenging conditions throughout 2021, leading to a shaved annual payout.

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