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Major build projects giveRobertson’s profits a lift

Comedian Fred Macaulay enjoys the revamped surroundings of Perth Theatre.
Comedian Fred Macaulay enjoys the revamped surroundings of Perth Theatre.

Major Scottish infrastructure construction group Robertson is set to report a jump in sales and profits.

The family-owned group – which employed an average of 2,300 staff across its various operating units during the past year – is due to lodge annual accounts with Companies House today.

Ahead of completing the formal filing process, the group released figures showing a 33% spike in turnover to £752.3 million in the year to March.

The note also shows an 18% surge in pre-tax profits to £30.8m in the year.

The group has a significant presence in Tayside, having taken on the former Muirfield Construction headquarters at Dundee’s George Buckman Drive as its new local base in late 2015.

The unit has since delivered the new Harris Academy, built-out the community campus sites in Brechin and Forfar and been involved in a number of other schools and public sector projects.

Last year Robertson Tayside completed the £15m restoration of Perth Theatre and the company is now leading on Site Six at Dundee waterfront, a major mixed use development on land immediately adjacent to V&A Dundee.

The erection of the steel framework for the office block on site – one of several buildings including a hotel, retail units and apartments planned for the space – has caused considerable controversy due to its setting and scale.

No one was available from Robertson yesterday to comment specifically on the Tayside operation.

However, the group said it continued to invest in the 22 businesses which fall within the Robertson umbrella.

The company is currently involved in the development of the new Aberdeen Exhibition and Conference Centre as a contractor to Henry Boot Development, in the largest single project in Robertson’s history.

“Major construction projects continued to dominate turnover increase and activity; however, the group has also seen good opportunities and development in most of its regional businesses including construction / FM (facilities management) / capital projects / housing, timber engineering and civil engineering,” said the firm, which continues to be led by founder and executive chairman Bill Robertson.

The group said its facilities management division had secured contracts from the collapsed Carillion business during the year, resulting in it taking on an additional 570 staff, taking the total group workforce to more than 3,000.

business@thecourier.co.uk