Mace enjoyed a 38 per cent rise in pre-tax profit helped by a diversification strategy implemented five years ago.
Mace’s pre-tax profit totalled £14.9 million for the year to 31 December 2008 from £10.8 million the previous year.
Meanwhile turnover increased 14.5 per cent to £608 million.
The firm credited its recession-defying growth to a diversification strategy implemented five years ago, and said it intended to use its position to target big deals.
Chief executive Stephen Pycroft said: “It has been a good year in a very difficult market.
“This company was formed in recession, back in 1990. Never in the firm’s history has it taken a step back, and we do not intend it to be any different in this recession.”