Robinson FY revenues on track for growth

Plastic and paperboard packaging manufacturer Robinson told investors on Thursday that its revenues looked set to have grown year-on-year.

Robinson said revenues for 2019 were anticipated to be £35.0m, which represents a 7.0% increase on the prior year.

The AIM-listed group also noted that its board expects full-year profits for 2019 to be ahead of current market expectations, reflecting the benefit of falling resin prices.

Robinson will post its fully audited annual results on 27 March 2020.

Elsewhere, the Chesterfield-based firm noted that Dr Helene Roberts had joined the business as chief executive, replacing interim CEO Martin McGee who retired from the business.

As of 1000 GMT, Robinson shares were up 3.36% at 77p.