Stephen Pycroft, the chief executive of Mace, has said the consultant will have a 鈥渉ealthy鈥� 2008 despite the market downturn.
Announcing results for the year ended 31 December 2007, Pycroft said: 鈥淎t the present time, the reduced availability of credit has not had a significant impact on our clients.鈥�
Mace, which is working on the 拢350m Shard development by London Bridge, posted a 46% rise in pre-tax profit from 拢7.4m to 拢10.8m.
Turnover was up by 43% from 拢374.1m to 拢546.5m.
The highest paid director鈥檚 remuneration was slashed by 59% from 拢1.8m in 2006 to 拢734,000.
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