Robertson Group returned to profitability after a challenging period of losses from “poorly performing contracts”.
Pre-tax profit for the year to 30 June 2025 came in at £20.2 million following a £9.7m loss in the previous 12 months.
The turnaround came in spite of a dip in revenue to £793m from £825m. Cash balance at year end was £74m (2024: £82m) with no external debt.
It said the current financial year began positively, thanks to its focus on innovation and geographic expansion to drive higher margins and support growth.
Robertson Construction Group delivered a robust trading performance with turnover of £575m (2024: £627m), with the drop in turnover a reflection of the completion of two major projects and a focus on quality of workload over quantity. Pre-tax profit came in at £30.7m from a loss of £12.6m
Chairman Sir Bill Roberston said: “We are delighted to report that 2025 has seen a rapid recovery and retuned to more regular trading conditions following our disappoint financial results in 2024.
“The actions arising and lessons learned from the issues we encountered in 2024 have been fully embedded into our processes, following an extensive review of the projects that led to such disappointing, yet avoidable, financial results last year.”
The profit was achieved “despite a number of secured construction projects being paused, delayed or deferred by clients, in relatively challenging and uncertain construction markets”.
#Robertson #Group #rapid #return #profit #Daily #Business