News blog

Robinson

• BY: Andrew Hore |
• POSTED: 21/01/2013 |

Plastic packaging manufacturer Robinson says that it will report improved profitability for 2012. 

Revenues were 1% higher at £21.2m, as underlying volumes rose 2%. Interim revenues were slightly down. Plastic resin costs were on average 9% lower than the previous year with most of the benefit passed back to customers.

New business won in 2012 will start to contribute this year.

At 124.5p a share, Robinson is valued at £19.9m. Net assets were £23.2m at the end of June 2012, including a pension asset of £7.29m.

The figures will be released on 21 March.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJanuary2013_40.pdf