Infrastructure shift pays dividends for Robertson

Grant Prior 12 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

Breakthrough for HS2 as first Birmingham tunnel section dug

Balfour Beatty VINCI completes 3.5km TBM drive in 652 days drive
2 days ago

HS2 Curzon Street station redesign approved as timber roof axed

Change to meet stricter fire safety rules and cut maintenance costs
2 days ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
3 days ago

Leicester rebids £22m station revamp after failed tender race

Council opts for ECI route after receiving one bid for project
2 days ago

Kier wins East Coast College rebuild job in Great Yarmouth

Work to start this summer for 1,300-student college
2 days ago

R G Carter wins £28m hospital car park job in King’s Lynn

MSCP paves way for £1.5bn Queen Elizabeth Hospital rebuild in 2027
2 days ago

London to relax green belt building rules

Sadiq Khan shifts position on planning
2 days ago

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
3 days ago

SIG chief quits to join Travis Perkins

Gavin Slark to leave by the end of this year
2 days ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
3 days ago

Early call-out for £150m Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
4 days ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
3 days ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
3 days ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
3 days ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
3 days ago

Van Elle sells HGV fleet to haulage firm

WS Specialist Logistics pays £2.9m to take on fleet and drivers
3 days ago

Buyers more bullish about prospects for year ahead

Residential "resilient" but commercial work a weak spot
4 days ago

Council backs first Brutalist car park-to-flats scheme

Newcastle-under-Lyme multi-storey car park to be reborn as pioneering homes scheme
4 days ago

Hinkley Point C hits peak build with 26,000 jobs

3,000 more workers to join as fit-out work ramps up
4 days ago

Over 40 firms win Wessex Water M&E minor works deal

Broad sweep of specialists picked for AMP8 programme
4 days ago

Spencer lands Scottish bridge hat-trick

Steelwork, gantries and bearing upgrades on Kessock, Forth and Tay crossings
5 days ago

Winners revealed for £1.5bn decarbonisation deal

Fusion21 confirms places for 40 firms: Full list
4 days ago

Cladding firm fined £225,000 after fatal fall

Court hears how cherry picker didn't reach all parts of repair job
4 days ago

Completed buildings caught-up in Gateway 2 chaos

Developer distraught after dealing with Building Safety Regulator
5 days ago

Aviva submits plans for 34-storey City office tower

Subject to planning work to start in autumn 2027
5 days ago

Murphy takes 40% stake in Aussie civils contractor

Firm enters Australasian market with stake in Sydney-based contractor Abergeldie
6 days ago

Moat seeks firm for £420m repairs and maintenance deal

15-year deal to upkeep 20,000 south east homes
5 days ago

Lynch takes over hotel for Sizewell plant operators

Hire giant now in the hotel business to guarantee accommodation for workers
5 days ago

Subcontractors wanted across Scotland

Latest Constructionline event in Glasgow: Register now
5 days ago

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 week ago

Contractor services