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 for the year ended December 31, 2013.
It said plastic resin costs were on average around 6% higher than the previous year, and these were mainly passed onto customers, while underlying sales volumes were 8% higher.
The firm will publish its results in March.
Robinson shares were down 0.6% at 187.45 pence.
By Anthony Tshibangu; anthonytshibangu@alliancenews.com; @AnthonyAllNews
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