UK's Robinson slides, trims profit outlook on weak demand
Today 08:15
BUZZ-UK's Robinson slides, trims profit outlook on weak demand ** Shares of custom packaging maker Robinson RBSN.L falls 12.2% at 107.5p
** RBSN shares lowest since April 2025
** Co now expects FY underlying operating profit of £1.2 mln - £1.6 mln ($1.61 mln - $2.14 mln) from prior guidance of £2.2 million-£2.6 million
** Co says it is "reviewing opportunities to reduce costs" amid lower customer demand
** Expects FY27 profitability to be in line with FY26
** As of last close, stock up 2.1% YTD
($1 = 0.7470 pounds)
(Reporting by Anushka Chourasia in Bengaluru)