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mac-group targets £250m turnover in 2019

02.10.2019

The mac-group delivers an ‘arc of partnership’ and continues its steady climb.

mac-group continues to build its market share in the UK having secured significant construction and interior projects taking the UK turnover to over £100m out of a group turnover of £250m. UK customers include IM Properties, St Modwen Developments, Reach Plc, Chase Midland Estates, Unilever, Mountpark & Intu Merry Hill. mac recently expanded its Birmingham office into new offices quadrupling its space and workforce as it focuses on its operation in the region. A Manchester office was also opened in March. Current UK projects include turning the £30m Liverpool Echo Tower refurbishment into a 209 bed Melia Hotel, new build for Unilever at their Burton on Trent facility, £12m external facade replacement at the Intu owned Merry Hill shopping centre but to name a few.

mac-group Unilever
Unilever – Burton on Trent

In parallel the secured construction order book in Ireland is currently at €100m. One of the largest contracts secured in this period is for the construction of a 110,000 sq ft commercial office building for Ryanair in Dublin, the company is also building 120,000 sq. ft. new logistics hub for Green REIT and a 120k sq. ft. mixed use office development in Newmarket Dublin 8 for Valorem Investment Partners. The company also successfully delivered over £75m of fast track fit out projects through its mac-interiors brand for companies like Microsoft, KPMG, EY and Hewlett Packard.

Ryanair – Dublin

mac-group is a construction company that continues to maximise its value proposition through what it refers to as an ‘arc of partnership’ and evolve to deliver its 2025 business plan. The group is trading at 4% net profit, well above industry average, despite heavy investment in diversification.  mac-group now have a JV with a US modular construction business and now have a factory in Poland where modular units are manufactured and delivered to their construction projects in the UK and Ireland, complete, fitted out and ready for occupation. Paul McKenna, Group CEO cited his own belief in first mover advantage as the reason for the venture.

mac Skystone targets the hotel and residential markets and provides a  greater degree of cost certainty for investors, alongside a 25% programme saving – essentially it’s faster, it’s less risky and it enables investors to plan for a reliable end date.

Paul McKenna

The JV mac Skystone forms parts of mac’s response to construction industry and government’s need to drive faster, technologically advanced construction methods. McKenna is a EY Entrepreneur of the Year finalist in the international category and is 1 of 24 in Ireland, and being the only construction entrepreneur in the category.

Alex Evers and Daragh O'Shea mac Skystone
Alex Evers and Daragh O’Shea – mac Skystone

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