Robinson (RBN)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

 110.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 112.50
  • 52 Week Low: 87.50
  • Currency: UK Pounds
  • Shares Issued: 16.75m
  • Volume: 1,368
  • Market Cap: £18.43m
  • RiskGrade: 173

Robinson warns revenue will fall, but remains upbeat with new business wins

By Maryam Cockar

Date: Thursday 12 Jan 2017

LONDON (ShareCast) - (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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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Robinson Market Data

Currency UK Pounds
Share Price 110.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 112.50
52 Week Low 87.50
Volume 1,368
Shares Issued 16.75m
Market Cap £18.43m
RiskGrade 173

Robinson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.53% below the market average0.53% below the market average0.53% below the market average0.53% below the market average0.53% below the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Price Trend
72.36% above the market average72.36% above the market average72.36% above the market average72.36% above the market average72.36% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Income
38.97% below the market average38.97% below the market average38.97% below the market average38.97% below the market average38.97% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Growth
14.43% above the market average14.43% above the market average14.43% above the market average14.43% above the market average14.43% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average

Robinson Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 21-Sep-23
Paid 21-Jun-24 13-Oct-23
Amount 3.00p 2.50p

Trades for 17-Jun-2024

Time Volume / Share Price
08:00 1,368 @ 105.20p

Robinson Key Personnel

Finance Director Michael Cusick

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