Mace records 25th year of growth

The new John Lewis in Leeds, which Mace is fitting out.
The new John Lewis in Leeds, which Mace is fitting out.
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The company behind the fit-out of Yorkshire’s newest John Lewis store has recorded it 25th consecutive year of growth.

International consultancy and construction firm Mace, which has more than 50 people working at its office in York Place, Leeds, and 180 subcontractors in the city, saw a 19 per cent rise in turnover to £1.77bn with a pre-tax profit of £36.2m.

Mace, which has offices throughout the world and its headquarters in London, is currently fitting out the new John Lewis store in Leeds and has been working with BSkyB in the city.

It has a number of key contracts including Tottenham Hotspur’s new stadium and projects underway include the Television Centre development in London, and Landmark 81 in Vietnam, which is set to be the country’s tallest building at 462 metres.

The Mace Group board said it took proactive steps in 2015 to future-proof the business, investing heavily to improve its resilience and drive efficiencies.

It says this has put the company in a strong position for continued growth.

Last year saw a 20 per cent increase in the number of graduates joining the business, a third of whom are women, and Mace created 379 new jobs. It employs more than 5,000 people across five continents.

Executive chairman Stephen Pycroft said: “2015 saw another strong set of results for Mace and is a testament to the hard work and commitment to our clients shown by everyone in the company. As we celebrated our 25th year we continued to deliver complex and challenging projects for our clients while continuing to grow the business and develop our people.

“Our ongoing focus is on delivering sustainable growth and our results put us in a great position for the future.”

Chief executive Mark Reynolds added: “I’m proud of our achievements and that we have been able to deliver a 25th year of growth for Mace.”