31 July 2018 | Herpreet Kaur Grewal
Facilities company Macro has reported a solid revenue growth of 28 per cent in 2017.
Macro is Mace's facilities management business. The previous 12 months have seen Macro's turnover increase substantially from £94 million to £120 million.
Some key contract wins bolstered Macro's international growth, increasing the locations in which the business delivers FM services to more than 40 countries, working across a wide range of different sectors and clients.
Parent company Mace saw profits more than double to £23 million, with a £50 million investment in research and development, with turnover remaining broadly constant at £1.97 billion.
Last November, Mace launched its 2022 Business Strategy. As part of that strategy, Macro has realigned its objectives for the next five years to focus on securing long-term contracts operating on a global platform.
The business has additionally concentrated efforts on attracting, developing and retaining talent, and reports a rise in employee numbers of 26 per cent globally.
Ross Abbate, Macro's group managing director, said: "2017 has been a great year for Macro. Our numbers are now stronger than ever, with turnover increasing by 28 per cent to £120m Mace's 2022 Business Strategy will ensure that Macro continues to develop the business in this way and will secure our position within the market."