Print this article
Revenues Rise Globally At Deloitte, Robust Gains In Americas
Tom Burroughes
16 September 2013
, the global professional services firm, posted the
fourth consecutive year of growth, with member firm network revenues at $32.4
billion in the financial year ending May 31, a 5.6 per cent year-on-year gain
in local currency terms. “The network experienced healthy growth across all
businesses and regions - in local currency - due to strong demand for
Deloitte's capabilities and services, as clients manage complexity and uncertainty
while investing in growth,” it said. In dollar terms, revenues rose by 3.2 per cent from the same
period a year earlier, Deloitte said in a statement. Over the 12-month period, Deloitte made nearly 30 strategic
acquisitions, such as a majority stake in Monitor, strategy consulting firm. Regionally, the Americas
led growth by regions with a growth rate of 6.3 per cent in local currency,
with strongest growth experienced in Chile (18.1 per cent) and LATCO
(14.3 per cent). More than 80 per cent
of the network’s total revenue increase came from the US. Most
technology and advisory services logged double-digit revenue growth. Europe, Middle East and Africa grew by 5.6 per cent with the
UK
member firm rising by 8 per cent. The Asia-Pacific region reported growth of 3.1 per cent in
local currency with India, Mauritius, Southeast Asia,
Korea and Japan
registering growth, each at or above 6.5 per cent.