Scottish contractor Robertson returns to black

Scottish construction firm Robertson Group returned to the black last year after the firm put behind it a several problem jobs which racked up a series of “avoidable” losses in 2024.

The group, which also includes a facilities management arm, said revenue was down 4% to £770m in the year to June 2025 but pre-tax profit stood at £31m from a £4m pre-tax loss last time.

In accounts signed off last month, Robertson said: “Our new financial year has got off to a positive start as we have returned to more regular trading conditions following the avoidable losses incurred during 2024, combined with a healthy order book.

“By working with our clients and supply chain, we try to mitigate the risks for all parties as much as we can in these ongoing and uncertain economic times.”

Chief executive Elliot Robertson said the business had got back on an even keel after “a full review and embedding enhanced governance processes [meant] a positive year of performances across the portfolio of businesses”.

The Elgin-based firm, which is in its 60th year of business, said it was working on over 100 construction sites with a further 120 FM jobs on its roster. The number of staff at the business stayed flat at 2,843.

The firm’s biggest division is its contracting business but revenue here fell 10% to £561m during the period. However, income from its FM arm was up 14% to £181m.

Robertson said its net cash balance at the year-end was £100m, down from £103m last time.