Deloitte Report 11.5 Per Cent Rise In Gross Revenue

Tue, 26 Aug 2008

Deloitte has announced that gross revenues at the firm surpassed £2 billion in the year to May 31 – up 11.5 per cent on the previous twelve months.

The professional services firm reported that its net revenue also grew by 11.8 per cent, meaning the value of profits set for distribution to its partners has now risen to £683 million, which represents a 19.4 per cent increase year-on-year.

Deloitte’s global chairman, John Connolly, said the "very strong" figures highlight the firm's dedication to a "continuous and relentless" focus on both clients and people.

"Achieving double digit growth in the firm and each division reflects the strength of the Deloitte brand, the scale and value of our client relationships in all segments," he added.

Mr Connolly was recently named as Britain’s highest earning accountant after it was reported he received an income of more than £5.7 million for the last twelve months.
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