Robertson Group on track for record trading in its 50th year

Bill Robertson CBE
Bill Robertson CBE

Infrastructure, support services and construction group Robertson is set to announce a record year of turnover as well as its strongest forward order book thanks to continued growth in all of its companies.

In its soon to be published audited accounts (12 months to March 16), the Stirling-based company will report a significantly strengthened balance sheet and net worth increased by 25 per cent, and will announce a PBT and positive cash position which has exceeded the Group’s expectations.

Robertson has seen continued and sustainable growth across its 19 diverse infrastructure businesses, most notably in its Construction, Major Projects and Partnership Homes businesses. The Group has also expanded its offering in Building Services, Civils and Rendering and Roofing over the last 12 months.

Robertson has won a range of new contracts both in Scotland and England including the £250 million new Aberdeen Exhibition and Conference Centre and has further expanded operations in England with its new Yorkshire and East Midlands office in Sheffield.

Robertson Capital Projects, the Group’s investment business, has successfully utilised its strong group working approach by involving its sister businesses in construction and facilities management to secure preferred bidder status for the delivery of a new £62m hospital in Kirkwall for NHS Orkney.

Robertson has seen major success in the growth of its Partnership Homes business, which has now secured contracts to deliver over 2,500 homes over the next five years in Scotland. A Partnership Homes business has also been formed in England to help deliver much needed social and affordable homes in the North of England.

Robertson FM, the Group’s Facilities Management business employing 700 people, now has a UK long-term order book of £1.13 billionn. Together with its secured Construction, Partnership Homes and Homes work load, the Group enjoys a total secured order book of circa £2bn.

Robertson Homes continues to enjoy success and growth in private housing developments and has increased its units sold in the year by 65 per cent where the average selling price has increased by 20 per cent. The Homes business has started exciting new developments in Dunbar, Strathaven and Mid Calder in Central Scotland and is currently operating on eight live sites.

Robertson Group said it will continue to utilise its cash and funding base to invest further in its private and affordable homes business as well as in public sector infrastructure projects, where it has a long term track record in investing and delivering a range of school, health and community facilities.

Currently employing nearly 2,000 people across the UK, having increased employee numbers by over 600 in the last 18 months, Robertson said it expects this figure to grow by a further 5 per cent in the year ahead. It is placing a stronger emphasis on supply chain, direct employment and apprenticeships.

Bill Robertson, executive chairman of Robertson Group, said: “We are delighted with the continued progress across all of our 19 operating companies. The Group has now started delivering on its new five-year strategic plan with a strong focus on sustainability, innovation and productivity. The continued success of the Group will be based on generating sustainable and appropriate margins for any work undertaken.

“We are pleased to have the visibility, capability and strong capital position to deliver high quality projects and services to our clients.”

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