Mace Group annual results show increased profits
Media
14/05/2009
Mace Group announced today that despite the global economic decline and challenging market conditions, that it has had another successful year of increased turnover and profits.
Group Highlights:
• Group turnover up by 14% to £608m
• Profit before taxation up 38% to £14.9m
• 2009 order book 79% secured at 2008 year end
Group Chairman and Chief Executive, Stephen Pycroft commented: "I am delighted to report that Mace has had another excellent year. We have achieved outstanding financial results whilst continuing to demonstrate that Mace is a market leader geographically and in all sector services. The Board put a diversification strategy in place five years ago; it is this strategy that has protected the business during this unprecedented economic downturn."
Group Finance Director, David Vaughan added: "This set of audited accounts demonstrate Mace Group's sustained financial growth and the degree to which that growth reflects the strength and quality of our delivery."
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