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Annual Report 2024

Record revenue. Strategic progress. A new era of expansion.

Key statistics

£2.79bn

Revenue

£320.2m

Cash at bank

£50.7m

Operating profit

We entered 2025 as a stronger, better governed, more resilient business. 

Mace Group grew significantly in 2024, and we ended the year with a record cash balance which is tangible evidence of the fundamental health and resilience of our business.  

In a challenging year for the construction industry, we strengthened our global order book, improved our risk management processes and brought robust governance and independent oversight into our business, aligning the way we work with the principles of the UK Corporate Governance Code.  

At Mace, we are committed to maintaining the highest standards of corporate governance. Our governance framework is designed to ensure transparency, accountability and integrity in all our operations.  

In 2024, we continued to invest, transform and built a globally-respected business.  

We are excited about the next phase of our growth; bold, purpose-led and ambitious; focused on the areas in which we excel.

“2024 was a year of transition and significant strategic progress as we continued to strengthen our global platform and build greater resilience across the Group”.

Jason Millett, Group Chief Executive
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