REG - Robinson PLC - Final Results
27/03/2025 07:15
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RNS Number : 4016C Robinson PLC 27 March 2025
Robinson
plc
27 March 2025
Final Results for the year ended 31 December 2024
Robinson plc ("Robinson", the "Company" or the "Group" stock code: RBN), the
custom manufacturer of plastic and paperboard packaging, is pleased to
announce its audited results for the year ended 31 December 2024.
Financial highlights
· Underlying operating profit* increased to £3.2m (2023: £2.2m)
· Revenue up 14% to £56.4m (2023: £49.7m)
· Gross margin increased to 20% (2023: 19%)
· Non-underlying (other) items of £6.3m (2023: £2.1m) including:
£3.7m of non-Company pension closure costs; £0.6m amortisation of intangible
assets; and £1.7m impairment of goodwill and intangible assets related to the
Denmark operation
· Loss before tax of £3.8m (2023: £0.7m)
· Net debt of £5.9m (2023: £6.3m)
· Final dividend increased to 3.5p (2023: 3.0p) per share. Total
dividend of 6.0p (2023: 5.5p)
Operational highlights
· John Melia appointed as Group CEO in December 2024
· Completed buy-out of defined benefit pension scheme liabilities
· Progress on disposal of surplus property portfolio, sales expected in
2025
Alan Raleigh, Chairman, commented:
"I am pleased to report strong progress in 2024. Our results build on the
positive momentum experienced in the second half of 2023, with substantial
sales growth of 14% to £56.4 million, gross margin increasing to 20% and a
45% increase in underlying operating profit* to £3.2 million.
This confirms that our strategy of partnering with major FMCG brand owners,
investing in new technology, driving efficiencies, and supplying sustainable
packaging is delivering the anticipated results.
Our excellent customer relationships have created a very strong sales pipeline
for 2025, and as our customers respond to new market opportunities, we see
additional growth potential in future years. As we grow revenue and underlying
volumes, we will continue to drive improved efficiency and profitability
across our operations.
The underlying performance of the business gives the Board confidence to
recommend an increase in the final dividend to 3.5p per share. This brings the
total dividend declared for 2024 to 6.0p (2023: 5.5p).
Progress has also been made on the buy-out of the defined benefit pension
scheme, but the closure of the scheme has resulted in a non-cash and
non-Company cost of £3.7m included in our income statement (required by
accounting standards despite no impact on shareholders' funds).
The disposal of surplus properties, with some sales expected to complete in
2025, will further improve our financial leverage and ability to support
attractive growth projects.
Finally, despite strong progress in H2 2024, there is a non-cash impairment
charge of £1.7m related to the Denmark operation due to start up issues
earlier in the year associated with processing post-consumer recycled resin,
demand variability and a longer learning curve than anticipated on the large
project implemented there. Pleasingly, interventions during the second half of
2024 are already delivering improvements and are expected to return that
operation to profitability in 2025.
In combination, these other items have resulted in a Group loss before tax of
£3.8m (2023: loss before tax £0.7m).
Despite these non-recurring items, the combination of volume and revenue
growth, efficiency and profitability gains, improved financial leverage and
new leadership, gives the Board confidence that we are well placed to compete
and win. As such, we expect underlying operating profit for the 2025 financial
year to be ahead of 2024, and ahead of current market expectations. We remain
committed to delivering above-market profitable growth and our target of 6-8%
underlying operating margin**."
For further information, please contact:
Robinson plc www.robinsonpackaging.com (http://www.robinsonpackaging.com)
John Melia, CEO Tel: 01246 389280
Mike Cusick, CFO
Cavendish Capital Markets Limited
Ed Frisby / Seamus Fricker, Corporate Finance Tel: 020 7220 0500
Tim Redfern, Corporate Broking
About Robinson:
Being a purpose-led business, Robinson specialises in custom packaging with
technical and value-added solutions for food and consumer product hygiene,
safety, protection, and convenience; going above and beyond to create a
sustainable future for our people and our planet. Its main activity is in
injection and blow moulded plastic packaging and rigid paperboard luxury
packaging, operating within the food and beverage, homecare, personal care and
beauty, and luxury gift sectors. Robinson provides products and services to
major players in the fast-moving consumer goods market including Procter &
Gamble, Reckitt Benckiser, SC Johnson and Unilever.
Headquartered in Chesterfield, UK, Robinson has plants in the UK, Poland and
Denmark. Robinson was formerly a family business with its origins dating back
to 1839, currently employing nearly 400 people. The Group also has a
substantial property portfolio with development potential.
* Operating profit before other items
**Operating profit margin before other items
Chairman's statement
Financial performance
We achieved strong financial results for the year ended 31 December 2024, with
progress made on all our key financial measures. 2024 revenues were 14% higher
than 2023 and gross margin improved to 20% (2023: 19%), despite production
start-up issues on the project in Denmark. Underlying operating profit*
increased to £3.2m (2023: £2.2m).
Despite this excellent progress, other items, including the non-cash and
non-Company costs of £3.7m related to the buy-out of the defined benefit
pension scheme (required by accounting standards despite no impact on
shareholders' funds) and the non-cash impairment charge of £1.7m related to
the Denmark operation have resulted in a Group loss before tax of £3.8m
(2023: loss before tax £0.7m).
Dividend
The Board proposes a final dividend of 3.5p per share, to be paid on 20 June
2025 to shareholders on the register at the close of business on 6 June 2025.
The ordinary shares become ex-dividend on 5 June 2025. This brings the total
dividend declared for 2024 to 6.0p (2023: 5.5p).
Strategy
Our strategy remains to partner with brand owners in the Food, Personal Care
and Household markets across Europe to deliver packaging solutions that enable
brand differentiation, product protection and consumer functionality.
We continue to work in close collaboration with customers who share our
commitment to sustainability and the circular economy, by leveraging new
capabilities across our business. We have a firm commitment to further reduce
the amount of plastic in our products, increase the use of recycled material
where technically and economically feasible and operate more sustainable
supply chains.
People and organisation
John Melia joined the business as CEO in December 2024. John is an
accomplished business leader who has a track record of delivery at senior
level across both SMEs and multinational businesses. He brings extensive
experience of business development, operational performance improvement, a
deep understanding of the circular economy and significant manufacturing
expertise.
John will lead the evolution and sharpening of our strategy to increase
revenue and improve profitability.
The Board appreciates the excellent contribution of our Robinson colleagues,
who enable everything we achieve.
I would also like to thank Sara Halton for her contribution as Interim Chief
Executive from September 2023 to December 2024. I look forward to Sara
continuing her non-executive responsibilities in 2025.
Shareholder engagement
The main topics discussed with investors over the last 12 months include CEO
recruitment, capital allocation, recycled materials, carbon emission targets
and dividend policy, all of which are addressed in the Group's Annual Report.
We welcome the opportunity to speak with existing and prospective investors
and look forward to greeting shareholders at our AGM on 22 May 2025.
Outlook
Our close partnerships with major customers have generated a significantly
improved sales pipeline for 2025, and, as our customers respond to new market
opportunities, we see additional growth potential in future years.
As we grow revenue and underlying volumes, we will continue to drive improved
efficiency and profitability across our operations.
The disposal of surplus properties, with some sales expected to complete
within 2025, will improve our financial leverage and ability to support
attractive growth projects.
This combination of volume and revenue growth, efficiency and profitability
gains, improved financial leverage and new leadership, gives the Board
confidence that we are well placed to compete and win. As such, we expect
underlying operating profit* for the 2025 financial year to be ahead of 2024.
We remain committed to delivering above-market profitable growth and our
target of 6-8% underlying operating margin**.
Alan Raleigh
Chairman
* Operating profit before other items
**Operating profit margin before other items
Chief Executive's report
Underlying group performance
2024 revenues and sales volumes were 14% higher than 2023, benefitting from
new business projects introduced in the last 18 months, both including the
previously announced large new project in Denmark. A strong pipeline of future
projects positions us well for continued sales growth.
Gross margins improved by 1% in the year as a result of the operational
gearing benefit of higher sales volumes and lower input cost inflation. This
is despite production start-up issues on the large project implemented in
Denmark, which caused higher short-term direct costs associated with
processing post-consumer recycled resin, demand variability and a longer
learning curve than anticipated.
Underlying operating costs* were £8.3m (2023: £7.4m). The increase of £0.9m
includes:
· £0.8m increase in wages and salaries in response to market inflation
and substantial mandatory minimum wage increases plus performance related pay;
· £0.2m increase in insurance premiums after suffering an insured loss
related to the flood in 2023;
· £0.2m warehousing and storage costs as a result of the increased
volumes during the year; and
· the partial offset of £0.3m reduction in costs as a result of the
full year effect of the restructuring programme initiated in June 2023.
In total, underlying operating profit** increased to £3.2m (2023: £2.2m).
Business unit performance
Underlying Underlying
operating operating Capital Capital
Revenue Revenue profit** Profit** expenditure expenditure
2024 2023 2024 2023 2024 2023
£'000 £'000 £'000 £'000 £'000 £'000
UK 21,921 19,897 1,445 501 1,876 364
Poland 20,924 18,259 3,107 2,147 1,787 1,338
Denmark 13,565 11,514 (671) (109) 727 2,332
Head office - - (686) (328) 197 -
Group 56,410 49,670 3,195 2,211 4,587 4,034
In Poland, sales volumes increased by 18% compared to 2023, the majority of
which was due to new project wins with a major brand owner in the food sector
and a fast-growing local producer of own label products in the personal care
sector. We also started to see demand for air freshener devices and other
discretionary products return as inflation and the cost-of-living crisis
eased. Following the success of our investment in 2023 to expand our
capability to manufacture products with recycled material content, we invested
in further capacity in 2024. This new equipment has now reached full
utilisation and we are planning a third similar investment to replace existing
older equipment in 2025. Currency movements had a positive impact on Poland
sales of 3% (£0.5m) against the prior year.
In Denmark, sales volumes increased by 19% reflecting delivery of a major new
project for the Group's largest customer. Despite the increased sales, we
experienced start-up issues on the project, associated with challenges in
processing post-consumer recycled resin, demand variability and a longer
learning curve than anticipated. As a result, the business made a substantial
operating loss in 2024. In response, we made a number of operational changes
in 2024, including recruitment of new employees in key positions; these
interventions are already delivering improvements and as a result we have
confidence that we will return the operation to profitability in 2025. Despite
the predicted improvement, the downturn in performance in the current year and
associated reduction in future forecast cash flows has led to an impairment of
£1.7m, which has been allocated to the goodwill and customer relationships
intangible assets. The impairment is included in other items in the income
statement. Currency movements reduced Denmark sales by 3% (£0.3m) against the
prior year.
In the UK Plastics business, sales volumes increased by 5% as we started to
benefit from new business won in the previous 12 months. In response to market
opportunities, we doubled our capacity for PET bottle production in the year
and having already achieved full utilisation, we have committed to expand
further in this area in 2025. We expect to see a high profit drop-through in
this business as we focus on cost control whilst rebuilding the scale lost in
recent years.
In the UK Paperbox business, sales volumes increased by 44% despite the flood
that happened in October 2023 which continued to affect the factory until
August 2024. With the support of our insurers, we were able to outsource
production to retain our order book and protect our customer relationships.
When our equipment was finally repaired or replaced, we were able to
capitalise on our skills and technology to attract and retain large new
customers across our market sectors. Thanks to the enormous efforts of our
people, the business made an operating profit for the first time since 2019,
an impressive achievement given the circumstances. With further stability and
a strong pipeline, we expect this business to contribute further to profits in
2025.
Other items, finance costs and taxation
Other items of £6.3m (2023: £2.1m) were recognised in the period. £3.7m
(2023: £0.3m) relates to the buy-out of the defined benefit pension scheme,
£2.4m (2023: £1.0m) relates to the amortisation and impairment of intangible
assets, and £0.2m (2023: £nil) is linked to future sales of surplus
properties. Finance costs were £0.8m (2023: £0.8m) as interest rates remain
high across the Group's countries of operation. Including these items, the
loss before tax was £3.8m (2023: £0.7m).
Taxation for the year was a credit of £0.5m (2023: charge of £0.2m), largely
driven by a £0.9m credit due to the tax effect of the IAS 19 pension charge
recognised in the period.
Cash flow, capital investment, financing, and pension scheme
Cash generated by operations was £7.0m (2023: £5.0m) due to the improved
underlying operating profit** from the packaging business and a working
capital inflow in the period.
During the year, we invested £4.5m in property, plant and equipment including
installation of four new moulding machines across the Group to expand capacity
and facilitate sales growth in 2024 and 2025. As a consequence, net debt at 31
December 2024 was £5.9m (2023: £6.3m). With total credit facilities of
£13.5m (2023: £15m), the necessary headroom is available for the Group to
operate effectively.
The Robinson & Sons' Limited Pension Fund (the "Scheme") completed a
buy-out of all the Group's defined benefit pension liabilities during the year
and the Scheme was wound-up on 16 December 2024. As required by IAS 19, the
Company has recorded an exceptional cost of £3.7m related to the buy-out and
closure of the Scheme in the period. This cost was covered entirely by the
surplus in the Scheme and has no impact on the Company's balance sheet or cash
flow.
Surplus property
We are continuing to pursue the sale of surplus properties in Chesterfield.
Subject to the necessary approvals, we would expect a further sale of surplus
property to be achieved in 2025.
Based on professional independent valuations, the Directors estimate that the
current market value of surplus properties is approximately £7.4m, and this
includes the previously announced c.1.3 acres of Walton Works where exchange
of contracts has occurred, and completion remains subject to satisfactory
agreement of costs.
Sustainability
Sustainability is central to our core values and delivery of the key
priorities outlined in our strategy.
We launched our sustainability pledge in February 2021 and through practical
application, we successfully achieved our initial goals of zero percent waste
to landfill and 100% recyclable products across all our operations.
We have not yet met our target of 30% recycled material content in plastics
although the ratio improved significantly in 2024 to 27% (2023: 18%) with the
launch of the major new project in Denmark which runs at 98% recycled content.
Our growth in recycled content in recent years has been largely due to our
partnerships with the major premium brand owners, helping them to deliver
their own sustainability goals, but gradually we are starting to see the wider
market, perhaps under pressure from retailers, looking to move to recycled
material despite the higher costs involved. Legislation in the UK and EU
continues to limit the use of mechanically recycled polypropylene material for
food applications and as this captures more than 35% of our plastic products,
this remains a challenge to further increasing our use of recycled raw
materials.
Reducing the carbon footprint of our operations by reducing energy consumption
is a key strand of our sustainable approach to manufacturing. We continue to
decommission old equipment and consolidate production using more modern and
energy efficient technology as well as investing in new machinery when
appropriate. Energy monitoring systems have successfully been used to identify
areas for improvement and will be rolled out further in the next 12 months. We
continue to monitor self-generation technology and will invest when we believe
this is efficient and suitable for the Group's needs.
During the year a £2.7m mortgage held with HSBC Bank UK was converted to a
sustainability improvement loan. Future finance costs will be determined by
whether Robinson achieves the sustainability performance criteria attached to
the loan or not.
Operating with excellence
In 2024, there were five (2023: nine) lost-time accidents across the Group,
which all occurred across two of our five sites. The health and safety of our
team is of paramount importance and we will continue to focus on behavioural
safety and delivering a Group-wide approach to ensure Robinson standards are
clearly understood and complied with on all our sites. With this approach
rolled out across our operations, there have been no accidents resulting in
lost-time since June 2024.
In 2024, we were able to process 16% more polymer and deliver a 14% increase
in revenue with fewer people. Continuous improvement of our operations is a
key focus for the Group.
Our focus ahead
We will evolve and refresh the Group strategy during 2025, including
empowering a revitalised senior executive team to drive execution and improved
performance.
The work that has gone into developing close customer partnerships has led to
a healthy sales pipeline, which should present substantial growth
opportunities in 2025 and beyond. To deliver this growth and remain
competitive, we will need to continue to invest in growing and improving our
asset base.
We will also sharpen our approach to sustainability, focusing on a small
number of primary targets that we will actively pursue to make progress on our
own ESG agenda as well ensuring we are able to support our customers and the
wider market in delivering their sustainability goals.
In my first three months, I have been impressed by the knowledge and
commitment of the loyal workforce who clearly want to make Robinson
successful. I see opportunities to supplement this strong foundation with new
resources, skills and an improved organisation structure. Health and safety,
sustainability and operational excellence are all areas that will receive
sustained focus alongside our continued drive for growth.
With a refreshed strategy, an improved organisation structure and an
investment mindset I anticipate a great opportunity to develop and grow the
Robinson business to provide value and security for all key stakeholders.
John Melia
CEO
* Operating costs before other items
**Operating profit before other items
Group income statement and statement of comprehensive income
Group income statement Underlying Other items Total Underlying Other items Total
2024 2024 2024 2023 2023 2023
£'000 £'000 £'000 £'000 £'000 £'000
Revenue 56,410 - 56,410 49,670 - 49,670
Cost of sales (44,866) - (44,866) (40,039) - (40,039)
Gross profit 11,544 - 11,544 9,631 - 9,631
Operating costs (8,349) (6,266) (14,615) (7,420) (2,106) (9,526)
Operating profit/(loss) 3,195 (6,266) (3,071) 2,211 (2,106) 105
Finance income - interest receivable 16 - 16 40 - 40
Finance costs (790) - (790) (805) - (805)
Profit/(loss) before taxation 2,421 (6,266) (3,845) 1,446 (2,106) (660)
Taxation (805) 1,328 523 (628) 468 (160)
Profit/(loss) for the period 1,616 (4,938) (3,322) 818 (1,638) (820)
Loss per ordinary share (EPS) p p
Basic loss per share (19.8) (4.9)
Diluted loss per share (19.8) (4.9)
All results are from continuing operations.
Underlying represents the results before other items. Other items have been
disclosed separately in order to give an indication of the underlying earnings
of the Group. Further details of other items are provided in note 3.
Group statement of comprehensive income 2024 2023
£'000 £'000
Loss for the period (3,322) (820)
Items that will not be reclassified subsequently to the income statement:
Remeasurement of net defined benefit liability 3,725 289
Deferred tax relating to items not reclassified (931) (68)
Return of pension escrow - 3,290
Deferred tax on pension escrow - (774)
2,794 2,737
Items that may be reclassified subsequently to the income statement:
Exchange differences on translation of foreign currency goodwill and (88) 44
intangibles
Exchange differences on translation of foreign currency deferred tax balances 9 3
Exchange differences on translation of foreign operations (453) 527
(532) 574
Other comprehensive income for the period 2,262 3,311
Total comprehensive (expense)/income for the period (1,060) 2,491
Group statement of financial position
2024 2023
£'000 £'000
Non-current assets
Goodwill 1,111 1,621
Other intangible assets - 1,927
Property, plant and equipment 23,077 23,920
Deferred tax assets 294 508
24,482 27,976
Current assets
Inventories 4,923 4,747
Trade and other receivables 11,042 10,635
Cash at bank and on hand 2,480 3,576
Assets classified as held for sale 1,127 -
19,572 18,958
Total assets 44,054 46,934
Current liabilities
Trade and other payables 11,211 10,114
Borrowings 1,723 3,527
Current tax liabilities - 172
12,934 13,813
Non-current liabilities
Borrowings 6,657 6,350
Deferred tax liabilities 772 1,119
Provisions 95 98
7,524 7,567
Total liabilities 20,458 21,380
Net assets 23,596 25,554
Equity
Share capital 84 84
Share premium 828 828
Capital redemption reserve 216 216
Translation reserve (325) 207
Revaluation reserve 3,463 3,487
Retained earnings 19,330 20,732
Equity attributable to shareholders 23,596 25,554
Group statement of changes in equity
Share capital Share premium Capital redemption reserve Translation reserve Revaluation reserve Retained earnings Total
£'000 £'000 £'000 £'000 £'000 £'000 £'000
Group
At 1 January 2023 84 828 216 (367) 3,856 19,325 23,942
Loss for the year - - - - - (820) (820)
Other comprehensive income - - - 574 - 2,737 3,311
Total comprehensive income for the year - - - 574 - 1,917 2,491
Transfer from revaluation reserve as a result of property transactions - - - - (369) 369 -
Credit in respect of share-based payments - - - - - 19 19
Dividends paid - - - - - (898) (898)
At 31 December 2023 84 828 216 207 3,487 20,732 25,554
Loss for the year - - - - - (3,322) (3,322)
Other comprehensive (expense)/income - - - (532) - 2,794 2,262
Total comprehensive expense for the year - - - (532) - (528) (1,060)
Transfer from revaluation reserve as a result of property transactions - - - - (24) 24 -
Dividends paid - - - - - (898) (898)
At 31 December 2024 84 828 216 (325) 3,463 19,330 23,596
Group cash flow statement
2024 2023
£'000 £'000
Cash flows from operating activities
Loss for the period (3,322) (820)
Adjustments for:
Depreciation of property, plant and equipment 3,452 3,280
Impairment of property, plant and equipment 223 51
(Profit)/loss on disposal of property, plant and equipment (177) 11
Profit on disposal of assets held for sale - (58)
Impairment of goodwill 463 -
Amortisation and impairment of intangible assets 1,886 990
Finance income (16) (40)
Finance costs 790 805
Taxation (credited)/charged (523) 160
Other non-cash items:
Pension current service cost and expenses 3,725 289
Charge for share options - 19
Operating cash flows before movements in working capital 6,501 4,687
(Increase)/decrease in inventories (296) 472
Increase in trade and other receivables (575) (938)
Increase in trade and other payables 1,384 835
Decrease in provisions (3) (18)
Cash generated by operations 7,011 5,038
Corporation tax paid (667) (210)
Interest paid (786) (826)
Net cash generated by operating activities 5,558 4,002
Cash flows from investing activities
Interest received 16 40
Acquisition of property, plant and equipment (3,881) (4,034)
Proceeds on disposal of property, plant and equipment 275 26
Proceeds on disposal of assets held for sale - 700
Net cash used in investing activities (3,590) (3,268)
Cash flows from financing activities
Loans repaid (348) (1,578)
Loans drawn down - 1,359
Proceeds from return of pension escrow - 585
Capital element of lease payments (1,870) (1,828)
Dividends paid (898) (898)
Net cash used in financing activities (3,116) (2,360)
Net decrease in cash and cash equivalents (1,148) (1,626)
Cash and cash equivalents at 1 January 3,576 5,097
Effect of foreign exchange rate changes 52 105
Cash and cash equivalents at end of period 2,480 3,576
Cash at bank and on hand 2,480 3,576
Cash and cash equivalents at end of period 2,480 3,576
Notes to the financial statements
1. Basis of preparation
Robinson prepares its financial statements on a historical cost basis unless
accounting standards require an alternate measurement basis. Where there are
assets and liabilities calculated on a different basis, this fact is disclosed
either in the relevant accounting policy or in the notes to the financial
statements. The financial statements comply with the Companies Act 2006 as
applicable to companies using International Financial Reporting Standards
("IFRS"). The Group's financial statements are prepared on a going concern
basis. The financial information contained in this announcement does not
constitute statutory accounts as defined in Section 434 of the Companies Act
2006. However, the financial statements contained in this announcement are
extracted from audited statutory accounts for the financial year ended 31
December 2024 which will be delivered to the Registrar of Companies. Those
accounts have an unqualified audit opinion.
2. Accounting Standards
Robinson prepares its financial statements in accordance with applicable IFRS,
issued by the International Accounting Standards Board ("IASB") in conformity
with the requirements of the Companies Act 2006, and interpretations issued by
the IFRS Interpretations Committee. The Group's financial statements are also
consistent with IFRS as issued by the IASB as they apply to accounting periods
ended 31 December 2024.
3. Going Concern
The Directors have considered the factors relevant to support a statement of
going concern. In assessing whether the going concern assumption is
appropriate, the Board and the Audit and Risk committee considered the Group
cash flow forecasts under various scenarios, identifying risks and mitigants
and ensuring the Group has sufficient funding to meet its current commitments
as and when they fall due for a period of at least 12 months from the date of
signing these financial statements. The Directors have a reasonable
expectation that the Group will continue in operational existence for this 12
month period and have therefore used the going concern basis in preparing the
financial statements.
4. Other items
2024 2023
Other items Tax impact Other items Tax impact
£'000 £'000 £'000 £'000
Loss on disposal of land and buildings - - 25 -
Pension related costs*** 3,725 (931) 313 (78)
Amortisation of intangible assets 607 (116) 990 (195)
Impairment of intangible assets 1,279 (281) - -
Impairment of goodwill 463 - - -
Costs related to future disposal of surplus properties 191 - - -
Flood related costs 1 - 119 (30)
Restructuring & rationalisation costs - - 659 (165)
Total 6,266 (1,328) 2,106 (468)
Other items have been disclosed separately in the income statement in order to
give an indication of the underlying earnings of the Group.
***Pension related costs were covered entirely by the surplus in the Scheme
and had no impact on the Company's balance sheet or cash flow.
5. Publication of statutory financial statements
The Company's financial statements are due to be made available on the
Company's website (www.robinsonpackaging.com
(http://www.robinsonpackaging.com) ) on 28 March 2025 and posted to
shareholders with the Notice of Annual General Meeting on 17 April 2025, at
which time the Notice of Annual General Meeting will be made available on the
Company's website. Copies will also be available at the Company's registered
office, Field House, Wheatbridge, Chesterfield, S40 2AB. The Annual General
Meeting is due to be held at 11.30am on 22 May 2025 at the Peak Edge Hotel,
Darley Road, Chesterfield S45 0LW.
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. END FR XQLLLEXLFBBVRecent news on Robinson
See all newsREG - Robinson PLC - Holding(s) in Company
AnnouncementREG - Robinson PLC - Final Results
AnnouncementREG - Robinson PLC - Notice of Results
AnnouncementREG - Robinson PLC - Trading Statement
AnnouncementREG - Robinson PLC - Director Dealing and Holdings in Company
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