Infrastructure shift pays dividends for Robertson

Grant Prior 11 years ago
Share

A shift in strategy towards infrastructure and working south of the border has been rewarded with a strong set of results at Scottish contractor Robertson.

Staff numbers at the company rose to 1,100 as turnover increased 16% to £269m and operating profit before exceptionals went up £4.3m to £5.6m for the year ended March 2012 .

Group Chairman and company founder Bill Robertson, said: “We continue to evolve the business to meet the changes in both the public and private sectors.

“Through our refocus as an infrastructure, support services and construction group we’ve managed to build on our core competencies and secured positions on several different public sector frameworks by ensuring our service and product quality is best in class.

“It is particularly pleasing to see that we continue to enjoy high levels of repeat business from a loyal client base whilst at same time developing new client relationships.”

Robertson has reduced its activity in its traditional core markets of private house building and speculative property development to focus more on defined exit property projects and the infrastructure market.

The group’s investment business Robertson Capital Projects secured the East Central Hub territory programme with a pipeline of work worth £500m.

The business also delivered two major hospital PFI projects at Stratcathro in Angus and Murray Royal in Perth.

Robertson Construction has seen sales and profit growth in the last year as it expanded its portfolio to offer mechanical and electrical building servicess.

The construction arm opened a new office in Manchester recently and now includes four regional business units working in healthcare, education and iconic Scottish industries such as whisky, oil and gas and fish farming.

Robertson Facilities Management is the largest employer in the Group with 600 staff.

It continues to deliver both turnover and profit growth and has a secured £1bn forward order book covering the next 20 to 25 years.

The house building and property development division of the Group now focues on more sustainable social housing and regeneration opportunities.

Robertson is involved in bidding on two regeneration projects in Central Scotland with a combined approximate value of £150m.

Robertson Timber Engineering is currently undertaking two major projects in the South East of England to supply the precision engineered timber frame for two new build hotels in Cambridge and Vauxhall in central London.

Robertson said: “I am delighted with the performance over the last 12 months, which has been achieved against the back drop of a prolonged and difficult banking and economic environment, with a lack of funding being a significant hurdle to new investments in both the public and private sectors.

“The commitment and drive of our excellent staff base plays a significant part in our delivery and performance.”

Latest news

Plan in for £3bn Lincolnshire mega data centre

3.3m sq ft Humber Tech Park will be one of Europe's largest data centres
2 days ago

Green light for Digbeth 1,300 homes scheme

Warner’s Fields scheme to start with excavation and landscaping of the River Rea
2 days ago

Flagship biodiversity net gain scheme flawed

NAO warns Government's flagship green development scheme at risk of failure
2 days ago

£210m M3 Junction 9 upgrade gains consent

VolkerFitzpatrick to start work in early 2025 on Winnall roundabout, near Winchester
2 days ago

United Living wins 14-year L&Q homes repairs deal

Trafford housing upkeep deal worth £205m
2 days ago

£400m Lewisham resi-led scheme advances

Land deal paves way for Amro Partners' 1,000-home London scheme
2 days ago

McLaren gets go-ahead for Grade II listed Leeds student scheme

Springfield House to be revamped and two new wings added
2 days ago

Piling giant to fit people alarms on all rigs

Cementation Skanska upgrades site safety systems
3 days ago

Vistry to make £800m profit after subcontractor cost cuts

House builder bullish about shareholder returns after asking suppliers for discounts
4 days ago

Shareholders approve £2.5bn Barratt and Redrow merger

Final hurdle is for the competition regulator to approve the deal.
3 days ago

Green light for £80m Leith waterfront revamp

Build-to-rent homes and student accommodation scheme to be built
3 days ago

Tilbury Douglas clears Interserve legacy jobs to return to profit

Revenue tops £500m in first year as standalone contractor
4 days ago

Land deal paves way for Manchester civil service office hub

Government buys five acres at former Central Retail Park
3 days ago

Speller Metcalfe wins Wolverhampton library upgrade

Full works are due to start in the autumn
3 days ago

Skills shortage puts big infrastructure projects at risk

Government failing as an intelligent client and now over-reliant on consultancies
4 days ago

Contractors face further insulation board price hikes

Cost of PIR insulation boards set to rise another 10%
4 days ago

Henry Boot wins £36m Rotherham Markets job

Project involves upgrading existing market and building a new library
5 days ago

Keltbray hires new head of infrastructure procurement

Lukasz Olszewski will oversee rail, energy and highways business units
5 days ago

Tunnel fit out robot to revolutionise civils work

Costain and VVB Engineering part of innovative consortium
5 days ago

Funding deal for £86m wind turbine test centre

Latest investment at National Renewable Energy Centre in Blyth
5 days ago

Plan in for Manchester ‘upside-down’ 18-storey tower

Landmark cantilevered NXQ building plan for city Northern Quarter
6 days ago

London 25km Super Sewer hooked up for commissioning

Tideway completes connection to existing Lee Tunnel sewer system
5 days ago

£200m Lincoln ring-road approved

North Hykeham Relief Road granted planning permission
6 days ago

£1bn Manchester Airport City plan rebooted as new sci-tech hub

Plan pivots from offices to science and manufacturing campus, called MIX Manchester
6 days ago

Record results at maintenance specialist Renew

Infrastructure maintenance work continues to pay off for contractor
5 days ago

Barhale lands £21m shaft scheme for Thames Water

Civils specialist bags latest upgrade deal on Thames Water Ring Main
5 days ago

Caddick names new north east director

Former Laing O'Rourke project lead joins Yorkshire contractor
6 days ago

Mount Anvil wins London Camden estate rebuild

Deverloper wins £133m Bacton Phase 2 development in Gospel Oak
6 days ago

London Met Uni seeks firm for £280m estate upgrade

A single partner contractor will deliver 10-year building upgrade plan
6 days ago

Top 30 M&E contractors set for growth – ranking

Growth in data centres and commercial refits creates optimism for year ahead
6 days ago

Contractor services