PracticeAccounting FirmsAccenture reports high growth figures

Accenture reports high growth figures

Accenture, management consultancy and technology firm, has announced 2004 net revenues of £1.26bn, an increase of 19% over its 2003 figures.

Link: Accenture lands £400m Barclays outsourcing deal

A spokesman said that some of the largest new deals in the marketplace including long-term outsourcing contracts with the NHS and Royal & Sun Alliance were the reason for a sharp increase in earnings.

He added that revenues were also boosted thanks to a mixture of existing public and private sector deals with clients such as the London Stock Exchange, BP, the Inland Revenue, DWP, Thomas Cook and BT.

Accenture calculates its figures in dollars and then converts back to local currencies. In US dollars it said that in 2004 UK net revenues stood at around $2.231bn, an increase of 32% over 2003 net revenues of $1.688bn.

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