Last checked at 23 Jan 2015 07:00
Robinson plc
PRE CLOSE TRADING STATEMENT
Robinson plc ("Robinson" or "the Group"; stock code: RBN), the custom manufacturer of plastic and paperboard packaging, today issues the following trading statement, prior to the announcement of its final results for the year ended 31 December 2014, which are scheduled to be released on 27 March 2015.
Revenues are anticipated to be £28.1m for the year, which represents a 20% increase on last year. The increase is attributable to the acquisition of Madrox in June 2014. Underlying sales volumes in the pre-existing businesses remained at last year's level.
Overall, the directors anticipate profits for 2014 will be in line with market expectations. The current assessment for 2015, however, suggests a much more challenging outlook although the full year contribution from the Madrox acquisition means that revenues and earnings are expected to show growth compared to 2014.
For more information please contact:
Robinson plc | |
Guy Robinson, Finance Director | Tel: 01246 389283 |
www.robinsonpackaging.com | |
WH Ireland | |
Katy Mitchell | Tel: 0161 832 2174 |
Note for Editors:
Headquartered in Chesterfield, with manufacturing facilities in Kirkby-in-Ashfield, Stanton Hill (Nottinghamshire) Warsaw and Lodz (Poland), Robinson currently employs around 310 people. It was formerly a family business, with its origins dating back some 176 years. Today the Group's main activity is the manufacture and sale of injection and blow moulded plastic packaging. Robinson operates primarily within the food, household, drink, confectionery, cosmetic and toiletry sectors, providing niche or custom manufacture to major players in the fast moving consumer goods market, such as Proctor & Gamble, McBride, Sonoco, Bakkavor, Two Sisters and British Pepper & Spice. The Group also has a substantial property portfolio with development potential.