Upcoming Dividend • May 28
Upcoming dividend of UK£0.035 per share Eligible shareholders must have bought the stock before 04 June 2026. Payment date: 19 June 2026. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 4.8%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.6%). Announcement • May 22
Robinson plc Provides Earnings Guidance for Financial Year 2026 Robinson plc provided earnings guidance for financial year 2026. The company expects underlying operating profit for the 2026 financial year to be in line with current market expectations. Declared Dividend • Mar 08
Final dividend of UK£0.035 announced Dividend of UK£0.035 is the same as last year. Ex-date: 4th June 2026 Payment date: 19th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (111% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Mar 06
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: UK£0.14 (up from UK£0.20 loss in FY 2024). Revenue: UK£56.2m (flat on FY 2024). Net income: UK£2.28m (up UK£5.60m from FY 2024). Profit margin: 4.1% (up from net loss in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Mar 06
Robinson plc Proposes Dividend for the Year Ended December 31, 2025, Payable on 19 June 2026 Robinson plc proposed a final dividend of 3.5 pence per share to be paid on 19 June 2026 to shareholders on the register at the close of business on 5 June 2026. The ordinary shares become ex-dividend on 4 June 2026. This brings the total dividend declared for 2025 to 6.0 pence (2024: 6.0 pence). Announcement • Mar 05
Robinson plc, Annual General Meeting, May 21, 2026 Robinson plc, Annual General Meeting, May 21, 2026. Location: the peak edge hotel, darley road, chesterfield s45 0lw, United Kingdom Upcoming Dividend • Sep 11
Upcoming dividend of UK£0.025 per share Eligible shareholders must have bought the stock before 18 September 2025. Payment date: 10 October 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (5.5%). In line with average of industry peers (3.8%). Reported Earnings • Aug 25
First half 2025 earnings released: EPS: UK£0.078 (vs UK£0.027 in 1H 2024) First half 2025 results: EPS: UK£0.078 (up from UK£0.027 in 1H 2024). Revenue: UK£27.6m (up 1.7% from 1H 2024). Net income: UK£1.31m (up 189% from 1H 2024). Profit margin: 4.8% (up from 1.7% in 1H 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 131 percentage points per year, which is a significant difference in performance. Declared Dividend • Aug 24
First half dividend of UK£0.025 announced Dividend of UK£0.025 is the same as last year. Ex-date: 18th September 2025 Payment date: 10th October 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. New Risk • Aug 21
New major risk - Revenue and earnings growth Earnings have declined by 52% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (UK£24.7m market cap, or US$33.1m). Announcement • Aug 21
Robinson plc Intends to Pay an Interim Dividend, Payable on 10 October 2025 Robinson plc Board has confidence in the prospects for the business and therefore announces that it intends to pay an interim dividend of 2.5 pence per share (2024: 2.5 pence) to be paid on 10 October 2025 to shareholders on the register at 19 September 2025 (record date). The ordinary shares ex-dividend date is 18 September 2025. The current intention of the Board is to pay a total dividend of 6.0 pence (2024: 6.0 pence) per share for the year ending 31 December 2025. Upcoming Dividend • May 29
Upcoming dividend of UK£0.035 per share Eligible shareholders must have bought the stock before 05 June 2025. Payment date: 20 June 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.3%). Announcement • May 22
Robinson plc Provides Earnings Guidance for Financial Year 2025 Robinson plc provided earnings guidance for financial year 2025. For the period, the company expects underlying operating profit for the 2025 financial year to be ahead of 2024 and in line with current market expectations. They remain committed in the medium-term to delivering above-market profitable growth and target of 6%-8% underlying operating margin. Buy Or Sell Opportunity • Apr 02
Now 24% undervalued Over the last 90 days, the stock has risen 7.0% to UK£1.15. The fair value is estimated to be UK£1.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Meanwhile, the company became loss making. Declared Dividend • Mar 30
Final dividend of UK£0.035 announced Shareholders will receive a dividend of UK£0.035. Ex-date: 5th June 2025 Payment date: 20th June 2025 Dividend yield will be 4.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (55% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Mar 27
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: UK£0.20 loss per share (further deteriorated from UK£0.049 loss in FY 2023). Revenue: UK£56.4m (up 14% from FY 2023). Net loss: UK£3.32m (loss widened 305% from FY 2023). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Announcement • Mar 27
Robinson plc, Annual General Meeting, May 22, 2025 Robinson plc, Annual General Meeting, May 22, 2025. Location: the peak edge hotel, darley road, chesterfield s45 0lw, United Kingdom New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 170% Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (UK£20.1m market cap, or US$25.3m). Upcoming Dividend • Sep 12
Upcoming dividend of UK£0.025 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 11 October 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (5.4%). Higher than average of industry peers (3.5%). Declared Dividend • Aug 18
First half dividend of UK£0.025 announced Dividend of UK£0.025 is the same as last year. Ex-date: 19th September 2024 Payment date: 11th October 2024 Dividend yield will be 5.1%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (170% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 89% to bring the payout ratio under control. EPS is expected to grow by 74% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Upcoming Dividend • May 30
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 06 June 2024. Payment date: 21 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.3%). New Risk • May 13
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 16% per year over the past 5 years. Minor Risk Market cap is less than US$100m (UK£18.8m market cap, or US$23.6m). Announcement • May 10
Robinson plc Provides Earnings Guidance for the Financial Year 2024 Robinson plc provided earnings guidance for the financial year 2024. the company expects revenue for the 2024 financial year to be ahead of 2023 and current market expectations. With this additional revenue, full year operating profit (before amortisation of intangible assets and any exceptional items) is expected to be in the region of £3.0 million (2023: £2.2 million), this being ahead of current market expectations. New Risk • Mar 24
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (UK£16.3m market cap, or US$20.6m). Reported Earnings • Mar 24
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: UK£0.049 loss per share (down from UK£0.14 profit in FY 2022). Revenue: UK£49.7m (down 1.7% from FY 2022). Net loss: UK£820.0k (down 135% from profit in FY 2022). Revenue missed analyst estimates by 13%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Mar 23
Robinson plc Proposes Final Dividend, Payable on June 21, 2024 The Board of Robinson plc proposed a final dividend of 3.0 pence per share to be paid on 21 June 2024 to shareholders on the register at the close of business on 7 June 2024. The ordinary shares become ex-dividend on 6 June 2024. This brings the total dividend declared for 2023 to 5.5 pence (2022: 5.5 pence). Announcement • Mar 22
Robinson plc, Annual General Meeting, Apr 09, 2024 Robinson plc, Annual General Meeting, Apr 09, 2024, at 10:30 Coordinated Universal Time. Location: Peak Edge Hotel, Darley Road, Chesterfield Chesterfield United Kingdom New Risk • Mar 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (UK£15.9m market cap, or US$20.1m). Price Target Changed • Jan 24
Price target decreased by 32% to UK£1.25 Down from UK£1.85, the current price target is provided by 1 analyst. New target price is 32% above last closing price of UK£0.95. The company is forecast to post earnings per share of UK£0.18 for next year compared to UK£0.14 last year. Board Change • Jan 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairman Alan Raleigh was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jan 19
Robinson plc to Report Fiscal Year 2023 Final Results on Mar 22, 2024 Robinson plc announced that they will report fiscal year 2023 final results on Mar 22, 2024 Announcement • Jan 18
Robinson plc Announces Earnings Guidance for 2023 and 2024 Robinson plc announced earnings guidance for 2023 and 2024. For 2023 the company reported Revenue is anticipated to be £49.6 million, which is 1.8% below the prior year. After adjusting for price changes and foreign exchange, sales volumes are 6% lower than in 2022.For 2024, the Company expects revenue, and operating profit (before amortisation of intangible assets and any exceptional items), for the 2024 financial year to be ahead of 2023. Announcement • Oct 25
Robinson plc Provides Update on the Impact of Storm Babet to its Premises at Chesterfield Robinson plc provided the following update on the impact of Storm Babet to its premises at Chesterfield. On 20 October 2023, the river Hipper, which flows by premises in Chesterfield, rose to its highest ever known level and flooded through part of the site. Part of the premises is occupied by the Group, including the Paperbox manufacturing business and the Group head office; the remainder is let to tenants. The Paperbox business represented 4% of the Group's revenues in 2022. The Group's plastics business was unaffected. The first and main priority was the safety of those working at the site and the implementation of emergency procedures to mitigate the overall impact. The Company pleased to report that despite some challenging circumstances everyone has remained safe. Despite the substantial efforts of employees, there has been some damage caused to facilities, materials and equipment and manufacturing operations have paused. There will be disruption as the site clean-up continues prior to recommencement of operations. Insurance covers facilities, materials, equipment and business interruption, with an excess of £100,000. Insurers have been notified and the company is in discussions whilst accumulating evidence. Upcoming Dividend • Sep 14
Upcoming dividend of UK£0.025 per share at 5.9% yield Eligible shareholders must have bought the stock before 21 September 2023. Payment date: 13 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.9%. Lower than top quartile of British dividend payers (6.3%). Higher than average of industry peers (3.8%). Reported Earnings • Aug 18
First half 2023 earnings released: UK£0.054 loss per share (vs UK£0.16 profit in 1H 2022) First half 2023 results: UK£0.054 loss per share (down from UK£0.16 profit in 1H 2022). Revenue: UK£24.3m (down 4.3% from 1H 2022). Net loss: UK£907.0k (down 133% from profit in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year. Announcement • Aug 18
Robinson plc Announces an Interim Dividend, Payable on 13 October 2023 Robinson plc announced that it intends to pay an interim dividend of 2.5 pence per share to be paid on 13 October 2023 to shareholders on the register at 22 September 2023 (record date). The ordinary shares ex-dividend date is 21 September 2023. The current intention of the board is to pay a total dividend of 5.5 pence (2022: 5.5 pence) per share for the year ending 31 December 2023. Announcement • Aug 14
Robinson plc to Report First Half, 2023 Results on Aug 17, 2023 Robinson plc announced that they will report first half, 2023 results on Aug 17, 2023 Upcoming Dividend • Jun 29
Upcoming dividend of UK£0.03 per share at 5.4% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (3.6%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: UK£0.14 (vs UK£0.002 in FY 2021) Full year 2022 results: EPS: UK£0.14 (up from UK£0.002 in FY 2021). Revenue: UK£50.5m (up 10.0% from FY 2021). Net income: UK£2.34m (up UK£2.32m from FY 2021). Profit margin: 4.6% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Announcement • Jan 24
Robinson plc to Report Fiscal Year 2022 Results on Mar 30, 2023 Robinson plc announced that they will report fiscal year 2022 results on Mar 30, 2023 Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Senior Independent Non-Executive Director Sara Halton was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 15
Upcoming dividend of UK£0.025 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.2%). Reported Earnings • Sep 09
First half 2022 earnings released: EPS: UK£0.16 (vs UK£0.032 loss in 1H 2021) First half 2022 results: EPS: UK£0.16 (up from UK£0.032 loss in 1H 2021). Revenue: UK£25.4m (up 20% from 1H 2021). Net income: UK£2.73m (up UK£3.27m from 1H 2021). Profit margin: 11% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 23
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 30 June 2022. Payment date: 15 July 2022. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 6.5%. Within top quartile of British dividend payers (5.2%). Higher than average of industry peers (3.1%). Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: UK£0.002 (vs UK£0.085 in FY 2020) Full year 2021 results: EPS: UK£0.002 (down from UK£0.085 in FY 2020). Revenue: UK£46.0m (up 24% from FY 2020). Net income: UK£28.0k (down 98% from FY 2020). Profit margin: 0.1% (down from 3.8% in FY 2020). Over the next year, revenue is forecast to grow 15%, compared to a 17% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Non-Executive Director Sara Halton was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Sep 02
Upcoming dividend of UK£0.025 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 08 October 2021. Trailing yield: 5.5%. Within top quartile of British dividend payers (3.8%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 21
First half 2021 earnings released: UK£0.032 loss per share (vs UK£0.051 profit in 1H 2020) The company reported a soft first half result with weaker earnings and weaker control over costs, although revenues improved. First half 2021 results: Revenue: UK£21.2m (up 19% from 1H 2020). Net loss: UK£537.0k (down 163% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Executive Departure • Jul 02
Non-Executive Director Charles Glossop has left the company On the 24th of June, Charles Glossop's tenure as Non-Executive Director ended. As of March 2021, Charles still personally held 196.92k shares (UK£100k worth at the time). Charles is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorated over the past week After last week's 22% share price decline to UK£1.17, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Packaging industry in Europe. Total returns to shareholders of 80% over the past three years. Upcoming Dividend • Jun 24
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 01 July 2021. Payment date: 16 July 2021. Trailing yield: 6.1%. Within top quartile of British dividend payers (4.0%). Higher than average of industry peers (2.5%). Recent Insider Transactions Derivative • Apr 16
Property Director exercised options to buy UK£203k worth of stock. On the 14th of April, Charles Robinson exercised options to buy 140k shares at a strike price of around UK£0.69, costing a total of UK£97k. This transaction amounted to 12% of their direct individual holding at the time of the trade. Since December 2020, Charles has owned 1.21m shares directly. This was the only transaction from an insider over the last 12 months. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS UK£0.085 (vs UK£0.073 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£37.2m (up 6.0% from FY 2019). Net income: UK£1.41m (up 16% from FY 2019). Profit margin: 3.8% (up from 3.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Price Target Changed • Mar 26
Price target increased to UK£1.96 Up from UK£1.80, the current price target is provided by 1 analyst. New target price is 29% above last closing price of UK£1.53. Stock is up 214% over the past year. Is New 90 Day High Low • Mar 01
New 90-day high: UK£1.69 The company is up 3.0% from its price of UK£1.64 on 01 December 2020. The British market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 7.0% over the same period. Announcement • Feb 12
Robinson plc (AIM:RBN) acquired Schela Plast A/s for DKK 64.8 million. Robinson plc (AIM:RBN) acquired Schela Plast A/s for DKK 64.8 million on February 10, 2021. Total consideration is capped at DKK 65 million on a debt free cash free basis. Total consideration includes initial consideration of DKK 12 million paid in cash at the time of acquisition; net debt acquired of DKK 27.8 million, of which DKK 9.5 million has been repaid in cash by Robinson at the time of Acquisition (repaying all loan notes held by vendors); and earnout cash payment, payable following the audit of Robinson's 2021 report and accounts, currently estimated to be DKK 25 million, being the maximum under the capped total consideration. The earn out is calculated based on 2020 and 2021 EBITDA performance of Schela Plast. The initial cash consideration and repayment of the loan notes has been funded from existing cash resources and bank debt. The earnout cash payment is expected to be funded by bank debt and/or future cash generation from the enlarged Group.
Schela Plast A/s reported revenue of DKK 76.1 million, EBITDA of DKK 13.4 million, the statutory profit before tax of DKK 7.3 million and net assets of DKK 21.1 million for the year ended December 31, 2020. Morten Jeppesen, Managing Director of Schela Plast A/s will continue to lead the company within the Robinson Group. Team of Morten Jeppesen at Schela Plast A/s will also join the Robinson Group. Schela Plast A/s employs approximately 40 staff. Acquisition expected to be immediately earnings enhancing. Ed Frisby, Giles Rolls, Tim Redfern and Tim Harper of FinnCap Ltd acted as financial advisors to Robinson plc.
Robinson plc (AIM:RBN) completed the acquisition of Schela Plast A/s on February 10, 2021. Announcement • Jan 28
Robinson plc, Annual General Meeting, May 27, 2021 Robinson plc, Annual General Meeting, May 27, 2021. Announcement • Jan 21
Robinson plc to Report Fiscal Year 2020 Final Results on Mar 25, 2021 Robinson plc announced that they will report fiscal year 2020 final results on Mar 25, 2021 Is New 90 Day High Low • Dec 04
New 90-day high: UK£1.65 The company is up 25% from its price of UK£1.33 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: UK£1.49 The company is up 19% from its price of UK£1.25 on 13 August 2020. The British market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 9.0% over the same period.