Robinson shares up on profit news

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Robinson shares up on profit news
Master Investor Magazine

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AIM-listed packaging specialist Robinson (LON:RBN) has seen its share price surge 11.41% to 83p (as of 13:30 GMT) after it posted a trading statement. The company said that revenues for the year ended 31st December would be 7% ahead of the prior year.

Additionally, profits are expected to exceed market forecasts as the firm benefited from falling resin prices during the current year.

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