KPMG revenues grow by 5.1% worldwide, to 36,624 million euros

by time news

2024-12-17 17:20:00

KPMG International Group announced yesterday that it achieved aggregate global revenues at its member firms 36,624 million euros ( $ 38.4 billion ) in the fiscal year ended September 30, a Increase of 5.1%. compared to the previous year.

This growth is higher than that of its direct competitors which include the «Big Four» of consultancy.

Bill Thomaspresident and CEO of the consultancy, indicated that 2024 was a year of robust growth, which shows that its “strategy of multi-million dollar investments in priority businesses is producing results.” “The commitment to our multidisciplinary model has also led to greater synergies, growth and cross-border collaboration in our network,” he noted.

Billing for services Tax and legal increased by 10%“driven by demand for new AI-powered services, transformative legal capabilities, and advising clients to address tax reforms globally.”

The services of The audit grew by 6%, “thanks to investments in quality, the application of artificial intelligence and the high demand for ESG (socially responsible) insurance services” and in terms of consultancy, this grew by 2%.

Last year KPMG announced an investment plan of 4 billion euros over three years.

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