Mace says impact of covid means revenue won’t climb back above £2bn mark until next year

By Dave Rogers2020-12-02T06:00:00

Firm saw income drop £100m alone in April as lockdown restrictions hit

Mace has admitted that it won’t be until next year that turnover climbs above the £2bn mark again after the firm said the impact of covid-19 would mean revenue would slide further this year when it files its 2020 accounts.

Such was the havoc caused by the first lockdown, announced by prime minister Boris Johnson on 23 March, that the number of people working on Mace’s sites collapsed from 62,000 in the first two months of the year to just 2,000 in April with the firm seeing revenue for that month alone fall by £100m.

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