24 June 2021 - AGM trading update
An AGM trading update has been released. Sharp increases in resin prices, together with some lack of availability, have created volatility in 2021. This had been flagged previously and margins to date are reduced. Since 1 January the market price of resins used have increased by on average 60%. Some convertors have been forced to shut down production lines but Robinson has been successful in mitigating the challenge of securing resin supply to continue to operate. Group sales in the first five months of the year are 17% up on the . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.