ROBERTSON Group has reported a £616 million revenue for year ending 30 June 2022 – up from £588 million in 2021.
Pre-tax profit for the period is up 21.3% to £20.5 million.
The group revealed it has maintained ‘climate positive’ status without increasing offsetting and further reduced carbon intensity by 24.1%.
CEO Elliot Robertson said the business is pleased with the ‘strong’ set of results in a ‘challenging’ market.
“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,” he added. “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 focusing on our people, supply chain, innovation, sustainability and productivity.”
Throughout the year, Robertson said it operated across over 200 construction sites, developments and 5,852 facilities management locations in Scotland and England.
Robertson Construction Group delivered ‘robust’ trading and revenue of £460 million. Robertson Facilities Management contributed revenue of £118 million through the delivery of bespoke solutions across in healthcare, education, local authority and commercial facilities.
Robertson Timber Engineering, Urban Union, and Robertson Capital Projects also contributed to the results.
Elliot added, “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.”
