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25/09/2017

Robertson Reports Record Turnover In Financial Results

Robertson Group has reported a 28% increase in turnover in its financial results for the year to March 2017.

The Stirling-based company recorded continued and sustainable growth across its 21 diverse infrastructure based businesses, most notably in its Construction, Major Projects and Partnership Homes businesses. Turnover rose to a record £580 million, while profit before tax jumped 22% on last year to £26m.

In addition, the Group's net worth increased by 34% and has secured its strongest ever forward order book, totalling £2.3 billion.

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NorthernAsbestosServicesLtd

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 very pleased 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."

(LM/MH)

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