Packaging giant faces £3.3m revenue hit after losing major contract
Chesterfield-based packaging manufacturer Robinson has warned that the loss of a major customer contract will wipe £3.3m from its annual revenues and threaten £1m of gross profit.
The contract, which is due to expire at the end of December, will not be renewed, leaving the plastic and paperboard packaging group facing a significant hole in its 2027 financial performance.
Robinson said the agreement generated approximately £3.3m in annual revenue and contributed £1m to gross profit. Without action to offset the loss, both fig... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...