finance

Robertson set to see 25% increase in turnover


Scottish family-owned construction business Robertson is in line to report a 25 per cent increase in turnover when it announces its results later this year.

The company said that the strong financial performance in the year to March followed a five-year strategic plan which aimed to deliver profit growth.

There was no indication given by the business of the expected level of profitability.

Derek Shewan the group CEO, said the figures were attributable to a number of high-profile construction projects and a strong order book across most of its businesses.

Robertson introduced a new strategy following the demise of PFI in which it had a strong presence including a focus on major construction projects and facilities management.

The company said that despite the challenges caused to the industry by the banking crisis it had gone from strength to strength and now employs 3000 people.

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One of the major projects was the construction of the £140 million Macallan Distillery for Edrington Group which they handed over to the company in May. Edrington decribed Robertson as “masters of construction” for their work on the project.

Bill Robertson, the group’s founder and executive chairman, said: “We have worked hard at making sure the business has a strong market presence with a client and defined sector focus.

“This strategic approach has allowed us to play to many of our strengths, which has in turn supported our growth in larger projects since 2010.

“Robertson is also the main contractor on the £330 million Aberdeen Exhibition and Conference Centre (AECC), the largest Robertson project in its 52-year history.

“At present, we have 237 live infrastructure contracts including schools, universities, residential homes, leisure centres, roads, and bridges, retail outlets and warehousing spanning Scotland and North England.”



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