The company made a pre-tax profit of £25.3m in 2019, while
its turnover was £1.8bn. Turnover was lower than 2018’s figure of £2.3bn, which
included a high volume of work delivering European datacentres.
It also delivered more than £688m of construction management
work, not included in the overall revenue figure for the group.
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Meanwhile its consultancy business grew turnover by 15% to
more than £314m in 2019; of which 45% was delivered outside of the UK.
Mace, whose projects during the year included the delivery
of the 2019 Pan-American Games and Parapan Games in Lima and the new HS2 Euston
Station in London, claimed to have delivered more than £522m of value to
society, an increase of £31m since 2018.
The busines has also reduced the average time it takes to
pay its suppliers from 34 days in 2018 to 26 days in 2019.
Mace is currently developing a 2026 Business Strategy that
reflects the “significant changes” to the global economy over the last six
months.
Mark Reynolds, Mace’s Group chief executive said: "2019
was a strong and profitable year for Mace; and one that saw us continue to
deliver exceptional results for our clients and progress against the priorities
we set ourselves in our 2022 Business Strategy.
“Although the coronavirus pandemic has meant that 2020 has
certainly been a challenging year; our robust performance in 2019 has ensured
we have been able to remain resilient in the face of global economic
uncertainty and challenging trading conditions.
“The international built environment and infrastructure
sectors will be feeling the effects of the pandemic for years to come. However,
we should not lose sight of the fact that we have a vital role to play in
unlocking the economic growth that will drive recovery across the globe.
“As such, it is more important than ever that we all work
together to continue to transform our industry. We must maintain our
commitments to delivering social value, reducing carbon and innovating to find
better ways to deliver our projects and programmes – and it is more critical
than ever that we collectively invest in the next generation of skills and
talent.”
