Deloitte Luxembourg announces revenue growth of 10% - 09/10/2012DOWNLOAD
With gross revenues of €177.5 million, representing a year on year growth of 10%, Deloitte Luxembourg recorded excellent results for the financial year ending 31 May 2012. The growth in revenue was reflected across all of its service lines Audit, Tax and Advisory.
“The fact that we can observe growth in all our service lines demonstrates the consistency and cohesion of our multidisciplinary business model and confirms the trust our clients place in us day by day. All our functions show strong growth (audit: 8%, tax: 8% and Consulting 15%) which gives us confidence that the year ahead of us is promising as well”, explains Yves Francis, Managing Partner of Deloitte Luxembourg.
Among the drivers of this success was a diversified service offering structured by industry, responding to the challenges of the numerous and diverse clients that Deloitte serves, and continued significant investment in retention and recruitment of talents.
With 180 new joiners who started in September 2012, the firm currently employs approximately 1,400 staff including 72 partners, covering 46 nationalities.
At a global level, Deloitte Touche Tohmatsu Limited (DTTL) announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May 2012, marking the network’s highest revenue ever. Aggregate revenues grew 8.6 percent in U.S. dollars - the strongest revenue increase since 2008. Deloitte member firms experienced growth across all three major geographic regions, led by exceptional results generated in Asia Pacific, the Americas, and a number of developing markets, as well as across all business lines and industry sectors.
In the past financial year, the network hired 51,400 professionals; its total workforce now exceeds 193,000 professionals worldwide and the organisation is well on its way to achieving its growth goal of 250,000 professionals by financial year 2015.