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Robertson Group reports strong set of results in a challenging market

The Stirling-based construction, development, infrastructure and support services business Robertson Group, has reported a £616 million revenue in the 12 months to 30 June 2022 (2021: £588 million). Profit Before Tax (PBT) was £20.5 million, a growth of 21.3 per cent from previous year (2021: £16.9 million).

The company has also reported that it has maintained climate positive status without increasing offsetting and further reduced carbon intensity by 24.1 per cent (reduced by 67.7 per cent since 2015).

Robertson Facilities Management (RFM)

RFM, which is a core part of the group’s growth and value strategy, providing employment for over 1,500 people, contributed revenue of £118 million through the delivery of bespoke solutions across the UK, in healthcare, education, local authority and commercial facilities for public sector and private customers.

Robertson Construction Group

Robertson Construction Group operates a regional construction business model providing a sustainable base for the group, and which, if required, has the ability to be expanded geographically in an organic manner. Comprising eight regional businesses, Civil Engineering and a Major Projects division, Robertson Construction Group has strong repeat customer base and, in the year, delivered robust trading and revenue of £460 million.

Elliot Robertson, Chief Executive Officer, Robertson Group, said: “The Group continues to deliver improvement in line with our long-term strategy. We are pleased with a strong set of results in a challenging market, delivering quality of earnings, which builds on the progress made last year and reflects the diversity of our offering and strength in the marketplace.

“We operate in a highly competitive marketplace where quality product and services delivered on time and to budget are imperative and one of our key differentiators. The current social and economic climate continues to be challenging for the sectors we operate in due to labour availability, and unprecedented levels of inflation across materials and energy. However, our strong relationships with our customers and supplier base, enables us to collaborate with our stakeholders to deliver the best outcomes for all concerned.

“Our family of businesses comprises a diverse portfolio of infrastructure-based product and service solutions, producing a mix of long and short-term cash flows, profits and investments creating value and opportunity from the broad offering we give to our markets.

“Our outlook is healthy, and going forward we will continue to provide the best solutions to meet the needs of our customers, while focussing on our people, supply chain, innovation, sustainability and productivity.”

Throughout the year, the Group operated across over 200 construction sites, developments and 5,852 facilities management locations throughout Scotland and England.

Robertson continued: “We seek to support our customers by providing strategic support around estate rationalisation, asset and energy optimisation, regeneration and provide decarbonisation and funding pathways for both new and existing estates. We will continue to apply social impact, economic wellbeing and innovation to meet their needs across our family of businesses, to deliver the best quality products and services.

“We anticipate that in the coming year as we continue to face the challenges of the economic climate that project start delays caused by inflation may influence our next year’s results. However, we have been in operation for 57 years, facing numerous economic challenges along the way and we have confidence in our direction of travel as we continue to make positive growth and contribute to the UK economy. Our solid balance sheet and capital base, reinforces our confidence that we will perform in the line with our forecasts.

“Our teams across the UK are the heartbeat of our family of businesses and our number one priority is to ensure that they return home safe every day. In addition to protecting our people, our supply chain and the people, who come into contact with our operations, we also want to help protect our planet. We are proud of our Climate Positive Status and by following our 2030 Responsible Business Strategy we have successfully reduced our carbon intensity by 67.7% over the last seven years, and will continue to seek new ways to increase our energy efficiency whilst decreasing our carbon footprint.”

Metro Rod Drainage and Plumbing Survey

With the current economic crisis resulting in higher prices and more of a squeeze on resources, FMs need to ensure that they have robust building and maintenance services in place to control costs and reduce the need for emergency repairs. When it comes to drainage and plumbing there are also the challenges of dealing with extreme weather, from droughts to flooding, the need to meet stringent regulations and to avoid causing environmental damage.

UK drainage specialist, Metro Rod, has launched a survey which explores the main areas of interest for FMs in maintaining drainage and plumbing, including how they currently assess their supply chains to ensure they’re working with partners that meet the highest possible standards and provide value for money.

The results will be published online so that you can see how you compare to others within the sector.

The survey should take just 5-10 minutes of your time, and as a thank you, you will be entered into a prize draw, where one lucky winner will be picked at random to receive a £100 Amazon voucher.

To take part click here.

About Sarah OBeirne

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