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Robinson PLC on Thursday maintained its dividend and kept its outlook unchanged, after a mostly steady first half of 2025. Robinson is a Chesterfield, Derbyshire-based manufacturer of plastic and paperboard packaging. Pretax profit rose to £1.8 million in the six months that ended June 30 from £659,000 a year before. The recent period benefited from a £53,000 one-off gain, representing compensation for flood damage suffered in October 2023, while the comparison period suffered £592,000 in one-off costs, mostly amortisation of intangible assets. Revenue was up 1.7% to £27.6 million in the recent half year from £27.1 million a year before, with sales volumes in line with a year before, Robinson said. Underlying operating profit rose 25% to £2.0 million from £1.6 million a year before, as gross margin widened to 22% from 21%. Robinson held its interim dividend unchanged at 2.5 pence per share. The stock was unchanged at 155.00p in London on Thursday. It is up 41% in the past 12 months. Robinson said its outlook for all of 2025 is unchanged. It expects underlying operating profit to be in line with market expectations and ahead of 2024, when it was £3.2 million. ‘Whilst market conditions remain challenging and we continue to experience softness and volatility in demand from some existing customers, we also continue to see new opportunities in our sales pipeline which we expect to see the benefit of in future periods,’ Chair Alan Raleigh said. Net debt stood at £8.5 million on June 30, up from £5.9 million on December 31, but Robinson said its programme of selling surplus property will help to reduce debt going forward. The company also highlighted that it achieved its goal of recycled material forming 30% of its plastic packaging during the first half, up from 27% for all of 2024. It said its pipeline of new projects will support a further increase in this ratio. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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