Mazars delivers 23% growth in FY22

Strong growth and investment in the team of the future.
  • UK growth of 23% to revenue of £288m
  • Over 1,000 new team members, and a record intake of 450 trainees in Q1 2022
  • A total of 980 promotions across the firm
  • 132% increase in time dedicated to wellbeing and volunteering projects

Mazars, the international audit, tax and advisory firm, grew 23% in the UK in the year to 31 August 2022, recording revenue of £288m. Growth was strong across all service lines and sectors, in audit and non-audit.

Reflecting a continuous investment in talented people and building the team of the future, headcount grew to 2,890, an increase of 18.5% from the previous year. The firm promoted 980 team members in FY22 reflecting the importance of support and development for our teams and in the quality of the work we provide to our clients. The team also committed 9,000 hours to wellbeing and volunteering projects; demonstrating our commitment to our communities and contribution to society.

Phil Verity

We are harnessing the firm’s positive momentum to invest in building the team of the future. From defining enhanced career pathways to creating a culture of mentorship across the firm, we are investing today to build a team with the skills, resources and support to succeed in the future.

“The business environment is uncertain, but we remain driven by our relationships with our clients, supporting them through a volatile and shifting economy, and consistently delivering quality work

Phil Verity UK CEO

Mazars Group, operating in nearly 100 countries worldwide, grew by 16.4%, reaching €2.45bn in fee income. The Group performed strongly across all geographies, with particularly significant growth in Africa and the Middle East (21.7%), the Americas (22.4%) and Asia-Pacific (17.1%).  

Hervé Hélias

Despite a complex global environment, 2022 was an excellent year for Mazars across all geographies and service lines. Our performance confirms the quality and relevance of our services, as we continue our drive to offer choice and a different perspective in a highly concentrated market; providing essential competition for the healthy functioning of financial markets.

Hervé Hélias CEO and Chairman, Mazars Group