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An update from Robinson ( (GB:RBN) ) is now available.
Robinson PLC has reported a robust financial performance for the year 2024, with a 14% increase in revenue and sales volume over the previous year, and significant improvements in operating profit. Despite initial challenges in its Denmark operations, the company has implemented effective interventions to restore profitability. The company is also in the process of selling surplus properties and has completed a buy-out of its UK defined benefit pension scheme. With the recent appointment of John Melia as CEO, Robinson anticipates continued growth into 2025, driven by new customer projects and ongoing operational improvements.
More about Robinson
Robinson PLC is a purpose-led business specializing in custom packaging solutions for various sectors including food and beverage, homecare, personal care, beauty, and luxury gifts. The company focuses on sustainable packaging solutions and operates in the fast-moving consumer goods market, serving major clients like Procter & Gamble and Unilever. Headquartered in Chesterfield, UK, Robinson has facilities in the UK, Poland, and Denmark, and boasts a rich history dating back to 1839.
YTD Price Performance: 4.88%
Average Trading Volume: 11,563
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £18.01M
For a thorough assessment of RBN stock, go to TipRanks’ Stock Analysis page.
