TRADING STATEMENT
Robinson plc ( Robinson , the Company or the Group ; stock code: RBN), the custom manufacturer of plastic and paperboard packaging, is pleased to issue the following trading statement for the year ended 31 December 2020. Revenues are expected to be £37m for the year, which represents a 6% increase on 2019. The Directors anticipate adjusted and reported profit before tax for 2020 to be ahead of current market expectations, and ahead of 2019. During the year the Company has invested £4.6m in new additional and replacement production equipment and in the refurbishment of a manufacturing building in its UK business. These investments are consistent with our commitment to maintain a competitive manufacturing infrastructure that supports our intention to compete and win in our markets through sustainable supply, innovation capabilities, excellent product quality and cost-efficient operations. This investment in the business was funded by strong cash ge
Revenue at a Derbyshire-headquartered listed packaging manufacturer, which can trace its roots back to 1839, is set to have risen during its latest financial year while its pre-tax profits have been forecast to beat market expectations.