Robertson Group’s turnover for the year to 30th June 2023 was up 8% at ₤ 644m (2022: ₤ 595m) however pre-tax earnings was down at ₤ 16.7 m (2022: ₤ 21.2 m).
The operating margin moistened from 11% in the previous fiscal year to 9.4% this time.
Net funds at year-end amounted to ₤ 71.8 m (2022: ₤ 75.9 m).
Chairman Sir William (Bill) Roberston stated: “During the year the group continued to experience extraordinary levels of inflation throughout products, labour and energy, however in combination with our customers and supply chain, we have actually sustained our general technique of providing a quality services and product on time and on expense, whilst attaining worth for cash for our customers and a suitable margin for ourselves.”
Got a story? Email news@theconstructionindex.co.uk