Post by account_disabled on Mar 6, 2024 20:22:41 GMT -7
EY achieved combined global revenue of $49.4 billion in its latest fiscal year ending last June (FY23), representing an increase of 9.3% . These figures, in addition to continuing the significant growth of recent years, represent the highest turnover in the history of the firm. All EY service lines recorded strong revenue growth in FY23. Consulting is the one that grew the most, with an exceptional 16.7% , reaching 16.1 billion dollars. While the Strategy and Transactions area also rose 3.7%, reaching $6.1 billion. Audit, for its part, grew by 5.7%, reaching $15.1 billion. Tax and Legal revenues increased by 7.5% and stood at $12.1 billion.
By geographic area, the Americas, EMEIA and Asia-Pacific experienced double-digit growth last year. Specifically, America obtained an increase of 12.1% to a total of 23.6 billion Fax Lists dollars. Meanwhile, EMEIA had an exceptional performance, increasing its turnover by 8.5% to 18.3 billion dollars. Asia-Pacific also recorded notable growth of 2.9% to $7.5 billion. Carmine Di Sibio, Global CEO of EY , says he is “very proud of EY's growth this year. Guided by the commitment to create long-term value for all stakeholders, the Firm is reaping the fruits of investment in strategic alliances, cutting-edge technologies and, most importantly, in the continuous training of the people who make up EY.
Our teams have helped thousands of clients overcome difficult global economic conditions , working with them to overcome obstacles and transform their businesses to achieve their goals." For Federico Linares, president of EY Spain, this growth “is testimony to the trust that our clients place in us and the excellent work carried out by the 400,000 professionals who make up EY . To continue with the extraordinary levels of growth in Spain, and in the world, we will continue to promote innovation, technology and the commitment to provide value to our clients and professionals with a marked awareness of social impact.”
By geographic area, the Americas, EMEIA and Asia-Pacific experienced double-digit growth last year. Specifically, America obtained an increase of 12.1% to a total of 23.6 billion Fax Lists dollars. Meanwhile, EMEIA had an exceptional performance, increasing its turnover by 8.5% to 18.3 billion dollars. Asia-Pacific also recorded notable growth of 2.9% to $7.5 billion. Carmine Di Sibio, Global CEO of EY , says he is “very proud of EY's growth this year. Guided by the commitment to create long-term value for all stakeholders, the Firm is reaping the fruits of investment in strategic alliances, cutting-edge technologies and, most importantly, in the continuous training of the people who make up EY.
Our teams have helped thousands of clients overcome difficult global economic conditions , working with them to overcome obstacles and transform their businesses to achieve their goals." For Federico Linares, president of EY Spain, this growth “is testimony to the trust that our clients place in us and the excellent work carried out by the 400,000 professionals who make up EY . To continue with the extraordinary levels of growth in Spain, and in the world, we will continue to promote innovation, technology and the commitment to provide value to our clients and professionals with a marked awareness of social impact.”