Robertson's revenues hit £25m in first year as it gears up for new projects

A company which is helping to create schools and student accommodation in Yorkshire is set to achieve £30m turnover next year, as it prepares to take on new projects.

The Premier Inn in Matlock, a project carried out by Robertson Yorkshire and East Midlands

Robertson Yorkshire and East Midlands, the Sheffield-based business arm of the £450m turnover infrastructure group Robertson, has reported a £25m turnover in its first year.

The company, operating from the Thorncliffe Business Park, has seen rapid growth since its formal launch in September 2015.

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The business was established in May 2015, with £9m of revenues secured before its official launch. It now employs 32 people.

It has secured its business plan target of £25m for 2016, with a significant pipeline of new opportunities.

Paul Turner, regional managing director of Robertson Yorkshire and East Midlands, is predicting the business will hit £30m turnover next year, two years earlier than initially forecast.

He said: “We are proud to have made such strong progress. The team’s cross-sector experience enables us to take on a broad range of projects and we’ve already gained real traction in the student accommodation, residential and education sectors.”

Robertson Yorkshire and East Midlands has completed a number of projects, including a Premier Inn hotel in Matlock and student accommodation at Portobello Street in Sheffield.

Work is also being carried out on Talbot House, a student accommodation scheme in Nottingham, and the Lawrence St Student Accommodation in York, which is scheduled for completion in July 2017.