Packaging firm back in the black as new boss revealed
Robinson, the Chesterfield packaging firm, is back in the black after posting positive results for the first six months of the year.
The company posted revenues of £27.1m – up 11% on last year, while profits came in at £700,000 – up from a loss of £900,000 in 2023.
Meanwhile, the company has chosen John Melia as its new CEO, who is currently director of strategy and innovation at DS Smith Recycling
Alan Raleigh, chairman, said: “The results for the first half of 2024 reflect the positive momentum that we have experienced since July 2023. Whilst market conditions remain challenging, I am very pleased that our approach to partnering with major fast moving consumer goods brand owners, our investment in new technology and our ability to deliver packaging made from post-consumer recycled material is delivering increased sales volume and improved performance.”
The company expects revenue and profit for the 2024 financial year to be in line with current market expectations.