Robertson, the construction, development and facilities management group, has fallen 拢2m into the red for the year ended 30 November 2008

The pre-tax loss compares to a profit of 拢5.7m the previous year.

The company, which is based in Scotland and northern England, posted a 4% fall in turnover to 拢157m.

Despite the loss, Bill Robertson, the executive chairman, was upbeat. He said: 鈥淲e have created businesses that are progressive and forward thinking. This will allow us to meet these challenges and position ourselves effectively to continue to expand throughout the next growth cycle for the industry.鈥

Robertson Homes, a separate housing business, made a 拢8.1m loss after what the company called 鈥渟ignificant鈥 writedowns, turning over 拢38m.

Topics