Ernst & Young celebrate 9% global growth

Ernst & Young celebrate 9% global growth

Ernst & Young’s global revenues grew by 9% this year, the firm has said

Compared to 2005, when the firm brought in $16.3bn (£8.6bn), worldwide
revenues at E&Y hit $18bn, the firm reported.

The firm said that growth in Asia and emerging markets fuelled the gains made
in the year. ‘While our “mature” markets continued to perform well, we achieved
stellar growth, of between 25% and 55%, in the emerging-market economies in
which we have made strategic investments,’ said Ernst & Young’s global chief
operating officer Paul Ostling.

The figures represent performance across E&Y’s three service lines
assurance and advisory business services, tax and transaction advisory services.

‘This was another year of strong growth for Ernst & Young, growth that
demonstrates the commitment of our 114,000 people to providing seamless,
consistent, high quality client service, worldwide,’ said James S. Turley the
company’s chairman and CEO.

Growth was up 9% in the Americas, and up 7% in Continental Western Europe.
Detailed breakdowns for E&Y’s UK activities are expected this month.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource