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Deloitte announces revenue results of US$31.3 billion

Deloitte’s global revenues climbed 8.6% to $31.3bn (£19.3bn), its highest revenue growth in four years.

Deloitte’s global revenues climbed 8.6% to $31.3bn (£19.3bn), its highest revenue growth in four years.

Member firms saw the highest revenue growth since 2008, driven by "exceptional" results in Asia Pacific, the Americas and developing markets.

All business service lines grew, with financial advisory and consulting experiencing double digit growth - 15% and 13.5% revenue growth respectively. Financial advisory saw cross-border and acquisitions work driving fees. Consulting saw a range of regulatory and market changes fuel need for advice - including IT services and finance and HR transformation.

Audit grew 6%, with risk services in particular proving popular. Tax and legal grew 4%.

Key industries included energy & resources (24% growth), life sciences and healthcare (13%), consumer business and transportation (11%) and financial services (10%).

The growth across industry and business lines was achieved despite challenging market conditions around the world, particularly in Europe. Growth was largely driven by Deloitte’s ability to provide a consistent suite of tools across member firms, a cornerstone of its global strategy.

"In a challenging economic environment, $1.4bn of Deloitte's $2.5bn aggregate growth in the past year came from member firms in the three largest economies in the world," said Deloitte Global CEO Barry Salzberg.

"I believe that is a testament to Deloitte's ability to not only gain strength in high-growth strategic markets, but also continue to build momentum in established markets globally."
“Notwithstanding the extremely challenging economic times that we find ourselves in, Deloitte has remained resilient and continued to achieve revenue growth” said Paul Mercieca, CEO of Deloitte Malta.

 

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte Malta refers to a civil partnership, constituted between limited liability companies, and its affiliated operating entities; Deloitte Services Limited and Deloitte Audit Limited. The latter is authorised to provide audit services in Malta in terms of the Accountancy Profession Act.

A list of the corporate partners, as well as the principals authorised to sign reports on behalf of the firm, is available at www.deloitte.com/mt/about.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 195,000 professionals are committed to becoming the standard of excellence.

This publication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this publication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this publication.

© 2012 Deloitte Malta

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