Robertson, one of the largest privately owned businesses of its kind in the UK, continues to experience growth in all its Group companies. In its audited accounts to March 2017, the Group has delivered a record year of turnover as well as its strongest ever forward order book, totalling £2.3bn.
With continued and sustainable growth across its 21 diverse infrastructure based businesses, most notably in its Construction, Major Projects and Partnership Homes businesses, the Stirling-based infrastructure, support services and construction group has reported a 28% increase in turnover to a record £580m, and PBT of £26m, an increase of 22% on the prior year. This sustainable profit growth has added further value to its already strong balance sheet, with net worth increasing by 34%. Robertson Group enjoyed a £64.4m net cash position at the year end.
Robertson Group has a clearly defined and successful construction business consisting of core regional businesses and specialist services. The Group also operates a separate Major Projects division capable of delivering complex projects up to the value of £250m.
Robertson Group currently employs over 2,200 people across the UK, having increased employee numbers by 300 in the last 12 months. This figure is expected to grow by a further 5% in the year ahead, with a strong emphasis on supply chain, direct employment and apprenticeships.
Robertson Group was recently awarded a Gold accreditation from Investors in People in recognition of the Group’s ongoing investment in apprenticeships, internships, school leavers and graduates. The Group currently employs 207 employees under the age of 24, including 52 apprentices, 53 trainees and 13 graduates.
Bill Robertson, Executive Chairman of Robertson Group, said:
“We are delighted with the continued progress across all of our 21 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 returns for any work undertaken.
“We are delighted to have the visibility, capability and strong capital base from which to deliver high-quality projects and services to our existing and potential clients into the future. The shareholders of Robertson Group are fully committed to the long-term investment and sustainability of the business.”