Mace Macro reports 20% increase in turnover to £144m
Following the publication of the latest annual report from parent company Mace, Mace Macro has reported a 20 per cent increase in revenue growth – driven by organic growth and strong client retention.
A number of contract wins have supported Mace Macro’s growth, expanding into new sectors and regions. 2018 also saw Mace Macro move into the public sector by being awarded a place on the CCS RM3830 framework.
The opening of a new office in Singapore and the appointment of Asia Pacific MD Megan Webb, has cemented the company’s presence in this region, allowing the business to offer a full suite of facilities management services to both global and regional clients.
Parent company Mace has for the first time achieved more than £2bn in turnover, recording £32.8m in profits in 2018. The 2018 performance data shows the company is in a strong financial position, continues to lead the industry’s efforts to innovate, and offers its people the opportunity to be involved in some of the world’s most complex and career defining projects.
The implementation of the Group’s 2022 strategy remains on track as Mace Macro continues to focus on securing global contracts and retaining key long-term clients. This forms part of a larger plan to engage, develop and inspire our people, achieve stable and sustainable growth, drive innovation to improve service excellence and be a responsible business.
Ross Abbate, Macro’s Group Managing Director said:
“2018 has been a good year for Mace Macro, as our contract retention rates remain strong, with additional work being won across the globe.
This is Mace Macro’s best performing year to date, with turnover increasing by 20% to £144m. Over the last five years we have seen fantastic organic growth, thanks to the expansion of our client portfolio as a result of our strategy to focus on delivering an innovative workplace experience efficiently”.
Mace’s 2022 Business Strategy will ensure that Mace Macro continues to develop the business in line with the set objectives and will secure our position within the market as a leading outsourced facilities management provider.”
Credit must go to all the individuals who continue to drive and develop the business, and who strive to make the most of every opportunity that comes their way.”
“This is Mace Macro’s best performing year to date, with turnover increasing by 20% to £144m.”
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