Robinson expects to post revenue growth as sales begin to recover
23rd Jan 2025 11:12
(Alliance News) - Robinson PLC on Thursday said it anticipates a more than 10% growth in revenue for 2024, as sales volumes begin to pick up again. Read More
(Alliance News) - Robinson PLC on Thursday said it anticipates a more than 10% growth in revenue for 2024, as sales volumes begin to pick up again. Read More
Robinson PLC - plastic and paperboard packaging manufacturer - In the six months to June 30 swings to pretax profit of GBP0.7 million from a loss of GBP0.9 million a year prior. Revenue climbs 11% to GBP27.1 million from GBP24.3 million. Gross margin rises to 21% from 18%. Interim dividend was unchanged at 2.5 pence. Names John Melia as Group Chief Executive. Read More
(Alliance News) - Robinson PLC on Thursday said it is in "advanced discussions" over the appointment of a new chief executive officer, after a "thorough search process with a leading recruitment agency", and also reported strong sales growth. Read More
(Alliance News) - The FTSE 100 was higher on Thursday afternoon, after the Bank of England maintained the benchmark UK interest rate at 5.25%, albeit with a vote split that encouraged rate cut expectations. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(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: Read More
(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: Read More
(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. Read More
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. Read More
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. Read More
(Alliance News) - Robinson PLC on Wednesday announced it sold a part of the Walton Works surplus property known as Mill Lane in Chesterfield, Derbyshire. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
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. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
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. Read More