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Mace profit slips due to loan impairment

Digital Edition: Mace profit slips due to loan impairment

Mace has reported a slight fall in profit after making a £13m impairment in relation to a property development in Oxford. The contractor made a £36.5m pre-tax profit in 2022, compared with £38.3m in 2021, while its turnover increased by £3m, to £1.936bn. Mace’s employee…
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