Mace has pushed up its global turnover to a record £1.49bn in 2014, up 26% the previous year, according to its 2014 annual Report and Accounts, while pre-tax profit went up 8% to £35m.
The company says it’s a British success story for job creation and exporting high-value skills across the world.
Mace says it created 500 jobs in 2014, recruited 58 graduates and 18 construction trainees – putting the company on its way to its 2020 business plan target of a headcount or 7,200.
Mace continued to maintain a strong focus on finding a better way to deliver for clients, demonstrated by achieving an 83% client satisfaction score and by further growing its portfolio of iconic projects and programmes.
Project wins over the year include being appointed to deliver the redevelopment of the former BBC Television Centre, Dubai Expo 2020 and the £1.7bn Silo Direct Encapsulation Plant waste processing facility at Sellafield.
“We are well on our way to meeting our 2020 business goals, which will see Mace create another 2,500 jobs worldwide over the next five year.”
Mark Reynolds
Completed projects include the Mandarin Oriental Bodrum in Turkey and the new World Conservation and Exhibitions Centre extension for the British Museum in London.
The company also ended 2014 with a strong pipeline of work, with 72% of 2015 target turnover secured by year end and we’re well on our way to hitting our target for 2015.
Mace’s executive chairman, Stephen Pycroft, said: “Despite continued global economic challenges I am pleased to report a robust set of results for the company. Our focus on developing our people and delivering for our clients continued through the year and we see this strategy as central to our future growth.
“As we celebrate our 25th anniversary in 2015, I am proud of what we have achieved in 2014 and the strong platform we have created for the future.”
Chief executive Mark Reynolds, said: “2014 was another strong and successful year for Mace as we continued to grow in a steady and sustainable way and meet our targets. We strengthened our presence in new sectors such as nuclear and pharma. We are well on our way to meeting our 2020 business goals, which will see Mace create another 2,500 jobs worldwide over the next five years.”
