Robinson warns on revenue as demand weakens in second half
Robinson warned that its revenue would fall wanting hopes this yr, after demand weakened within the second half, its busiest interval.
The group’s working revenue fell to £0.9m from £2.0m within the first half, and it seems there can be no bounce again within the second half.
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The packaging producer stated it now expects underlying working revenue of between £1.2m and £1.6m for 2026, as orders got here in beneath expectations in its Paperbox and UK Plastics companies.
Shares fell 6% in early buying and selling on Friday.
Revenue continues to be anticipated to rise 6% to round £59m, although gross sales volumes can be barely decrease. It blamed an absence of latest enterprise and softer orders from key prospects, a buyer’s manufacturing breakdown, and weaker demand for some seasonal merchandise resulting from hotter climate, whereas larger power prices — linked to the Middle East dispute added additional strain.
The firm stated it was reviewing cost-cutting alternatives and strengthening its gross sales efforts, and anticipated profitability subsequent yr to match this yr’s earlier than any such measures.
It added that gross sales of surplus property had generated £1.5m of money up to now this yr, with additional disposals anticipated to profit its reported revenue.
