Accounts published by Robertson Group show a return to profit in 2025 and lessons learned from earlier losses.
For the year to 30th June 2025 Robertson Group (Holdings) Limited made a pre-tax profit of £20.2m, reversing the previous year’s £9.7m loss. Turnover was down 4% at £793m (2024: £825m), reflecting completion of some larger projects and a focus on “quality over quantity”.
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”.
Net cash at year-end was £74m (2024: £82m) with no external debt.
Robertson Construction Group turned over £575m, down 14% on the previous year’s £672m, due to the completion of two major project and the decision not to chase turnover at the expense of profitability; and it made a pre-tax profit of £30.7m (2024: £12.6m loss).
Robertson Civil Engineering, incorporated in 2020, made a loss for a second consecutive year – £170,000 before tax – on much-reduced turnover of just £8.0m (2024: £27.8m).
“We have experienced some challenges within our civil engineering business and a decision was taken by the board to reduce our offering within this area of construction,” Sir Bill Robertson said. “We will still undertake civil engineering activity but it will be managed within our small works divisions are regional business level as opposed to a standalone company.”
Robertson Facilities Management saw turnover grow by 13% but pre-tax profit fell from £12.1m to £10.2m as a result of pressure on margins through inflation and increases in employer national insurance contributions and the national minimum wage.
Chief executive Elliot Robertson said: “2025 saw the group focus on quality over quantity and recover a strong financial position following disappointing results in 2024. A full review and embedding enhanced governance processes have seen a positive year of performances across the portfolio of businesses, returning us to profitability with a healthy order book for 2026, our 60th year of trading.
“Our portfolio of businesses is a resilient model and having significantly evolved our management framework over six clearly defined and separate operating businesses, each with its own highly competent and experienced executive team, we are in a strong position to assure a sustainable future for our employees, business partners and the communities we serve.
“Despite a challenging and competitive marketplace, the strength of our relationships with our customers and supplier base creates a collaborative working environment where our products and services are delivered with certainty and to the highest standard."
He concluded: “We enter the new financial year with a strong return to profitability, strength in our balance sheet and improved order book visibility. As a business entering its 60th year of trading we continue to evolve in our journey of continuous improvement through the adoption of new technologies and innovations to benefit our employees, customers, supply chain and the communities where we work.”