Revenue is up at Robinson plc, the custom manufacturer of plastic and paperboard packaging based in Chesterfield.
According to a trading statement, prior to the announcement of the company’s final results for the year ended 31 December 2022, revenue for 2022 is anticipated to be £50.5m, which represents a 10% increase over the prior year, or a 1% increase excluding the effect of the Schela Plast business, acquired in February 2021.
After adjusting for price changes and foreign exchange, sales volumes in the underlying business are 10% below 2021, affected by changes in consumer behaviour, delisting of certain products by customers and overall reduced customer demand.
Operating profit before exceptional items and amortisation of intangible assets for the year are anticipated to be in line with current market expectations, and comfortably ahead of 2021.
