Mace surpasses record revenue of £2bn
The company has hit the figure tw...
The London-headquartered construction firm, Mace, has revealed its turnover has surpassed a record £2bn (US$2.58bn).
The company has hit the figure two years in advance, as in 2013 Mace set the target of reaching a £2bn turnover by 2020.
The firm’s turnover has doubled in the past five years, with a third of revenue sourced from international operations.
“Over the past 28 years, Mace has been on an amazing journey. We have seen the market change, we have seen great achievements and admittedly learnt some lessons along the way,” stated Mark Reynolds, Chief Executive Officer at Mace.
“Our company mission is to continuously pursue a better way which has helped us to grow and deliver on our promises.”
“I am proud to say we have reached £2bn turnover, but more importantly, I am proud to say that we have the best people, who make up the best teams on some of the best projects in the world.”
“On behalf of the Mace Group Board, I want to thank all of our clients who have supported us on our journey and have trusted us to deliver on their vision.”
This year Mace has published details regarding its 2022 Strategy, aiming to delivery sustainable margins of 2.5% to strengthen the balance sheet.