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11/12/2012

Robertson Praises Strategy Change For Turnover Increase

Scottish contractor Robertson has credited a change in strategy for its 16% turnover increase.

The reshaping of the firm last year saw turnover up 16% to £269m and operating profit up £4.3m to £5.6m for the year ending March 2012.

Robertson says it reduced activity in private house building and speculative property development and focussed on defined exit property projects and the infrastructure market.

Robertson Capital Projects secured the firm with the East Central Hub territory programme with a pipeline of work worth £500m.

Robertson Construction has seen a growth in sales and profit over the last year, due in part to its expansion to offer mechanical and electrical building services.

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Group Chairman and company founder Bill Robertson, said: "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."

Robertson Construction recently opened a new office in Manchester which includes four regional business units working in healthcare, education and Scottish industry.

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

It has a secured £1bn forward order book covering the next 20 to 25 years.

Robertson Timber Engineering is currently undertaking two major projects in the South East of England for 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."

(IT)

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