UK packaging converter Robinson could face a £3.3 million ($4.4m) deficit in its annual revenues after it emerged that a significant customer contract is due to expire at the end of the year.
In a trading update, the Chesterfield-based custom manufacturer of plastics and paperboard packaging stated that the contract was scheduled to expire in December 2026 and would ‘not be renewed’.
The contract generated approximately £3.3m of annual revenue and £1m ($1.3m) of annual contribution to gross profit.
Without any offsetting actions, this would reduce full-year 2027 revenue and underlying operating profit by these amounts, the company said.
Profitability unlikely to change
The board now anticipates that full-year 2027 profitability will be broadly in line with 2026.
‘The group retains a strong and ongoing relationship with the customer and will continue to supply a range of products across its factory network,’ the trading update stated.
It added it was actively pursuing opportunities to mitigate the impact through ‘operational initiatives and new business development’.
Robinson’s packaging output includes bottles and tubs, caps, closures and overcaps for food items, personal care products, and home care items.
It manufactures bottles made from PET, rPET, HDPE, PP and LLDPE and uses blow moulding, injection stretch blow moulding and injection moulding techniques.
The company was established in 1839.
