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: 2,268
  • Market Cap: £18.43m
  • RiskGrade: 173

Robinson profit jumps in H1 as sales rise

By Michele Maatouk

Date: Wednesday 21 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Plastic and packaging manufacturer Robinson posted a jump in first-half profit on Wednesday as rising revenue helped to offset higher recruitment costs.
In the six months to the end of June, revenue rose 9% on the same period a year ago to £17.01bn, while pre-tax profit increased to £309m from £86m.

The company's gross margin ticked up to 20% from 19% in 2018, mainly due to pricing movements, while operating costs were up 8% due to recruitment and training.

As indicated in its update in May, volumes in the second quarter were lower as customers unwound Brexit contingency inventory that had been created in the first quarter.

The interim dividend was maintained at 2.5p a share.

"Having undertaken a thorough review of customer demand, despite the ongoing Brexit uncertainty, we continue to target circa 10% annual revenue growth and target for future years progress towards a pre-exceptional return on sales in the range of 6-8%," the company said.

At 1035 BST, the shares were up 1.3% at 79p.



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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 2,268
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
13:58 900 @ 110.00p
08:00 1,368 @ 105.20p

Robinson Key Personnel

Finance Director Michael Cusick

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