Mazars UK 2016 Financial Results

10 April 2017

International accountancy and advisory firm Mazars has now published its UK consolidated financial statements for the year ended 31 August 2016.

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”.

He added:

 “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).  

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About Mazars

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.

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