BusinessCompany NewsErnst & 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.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor