UK's Robinson falls on lower annual profit forecast
20/08/2026 09:35
BUZZ-UK's Robinson falls on lower annual profit forecast ** Shares of custom packaging maker Robinson RBSN.L fall more than 9% to 120 pence
** Co says board now expects underlying operating profit between £2.2 million ($3 million) and £2.6 million for 2026, down from £3.6 million reported a year earlier
** Co says pressures, including increased competition and input-cost inflation linked to the Middle East conflict, affecting first half are expected to continue longer than anticipated
** Stock down ~3% YTD
($1 = £0.7338)
(Reporting by Neeshita Beura in Bengaluru)