23 September 2019 | Herpreet Kaur Grewal
Mace Macro has reported a 20 per cent increase in revenue growth - "driven by organic growth and strong client retention", according to its annual report.
A number of contract wins have supported Mace Macro's growth, expanding into new sectors and regions.
In 2018, Mace Macro also moved into the public sector by being awarded a place on the CCS RM3830 framework.
The opening of a new office in Singapore and the appointment of Asia Pacific MD Megan Webb, has "cemented the company's presence in Asia Pacific, allowing the business to offer a full suite of facilities management services to both global and regional clients", said the company.
Parent company Mace has for the first time achieved more than £2 billion in turnover, recording £32.8 million in profits in 2018.
The 2018 performance data shows the company is in a strong financial position, it said.
The implementation of the group's 2022 strategy remains on track as Mace Macro continues to focus on securing global contracts and retaining key long-term clients. This forms part of "a larger plan to engage, develop and inspire our people, achieve stable and sustainable growth, drive innovation to improve service excellence and be a responsible business".
Ross Abbate, Macro's group managing director, said: "2018 has been a good year for Mace Macro, as our contract retention rates remain strong, with additional work being won across the globe. This is Mace Macro's best performing year to date, with turnover increasing by 20 per cent to £144 million."
Abbate added that Mace's 2022 Business Strategy would ensure that Mace Macro "continues to develop the business in line with the set objectives and will secure our position within the market as a leading outsourced facilities management provider".