The firm’s overall fee income increased from £149 million to £160 million, representing 7% growth. This is the fifth successive year of growth, and an increase in income of nearly 40% since 2012.
Growth in all the firm’s service lines was strong, particularly in Tax and Financial Planning (+11.3 %) and Financial Advisory, Accounting and Outsourcing (+ 6.6 %). Assurance and Internal Audit saw growth of 5.3 % with Consulting and Actuarial yielding 5.2 % growth.
Phil Verity, UK Senior Partner said: “I am proud that we have achieved such consistent growth in our business with increases in turnover and profit. Our growth has been sustainable and provides an excellent foundation for the next four years”.
“Looking ahead we will continue to invest in our business to achieve further long-term sustainable growth. Our people are critical to this and we remain committed to nurturing and developing talent to deliver trust, create value and offer exceptional service to our clients.”
The Mazars Group revenue grew by more than 10% year on year, to €1.36 bn (as at 31 August 2016).
For national press enquiries, please contact Lorraine Hackett, Communications Director, on +44 207 063 4435 or email email@example.com
Mazars is an international, integrated and independent organisation, specialising in audit, accountancy, advisory, tax and legal services. As of January 1st, 2017, Mazars operates throughout the 79 countries that make up its integrated partnership. Mazars draws upon the expertise of 18,000 women and men led by 950 partners. We assist clients of all sizes, from SMEs to mid-caps and global players as well as start-ups and public organisations, at every stage of their development. In the UK, Mazars has approximately 140 partners and over 1,700 employees serving clients from 19 offices, and is ranked one of the top 10 firms nationally.
For all national news and expert commentary, visit our website at www.mazars.co.uk
News and our latest announcements are also published via the firm’s page on LinkedIn at www.linkedin.com/company/mazars-UK or you can follow us on Twitter @Mazars_UK