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  • 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.

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