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Deloitte in Switzerland continues double digit growth
Deloitte in Switzerland reports its financial results for year ending 31 May 2014
Deloitte, one of the leading audit, advisory and consulting companies in Switzerland, has reported gross revenues of 461 million CHF for the year ending 31 May 2014 - a 22% increase on the previous year 377 million CHF (for year ending 31 May 2013). The first Swiss annual review, presenting highlights from Deloitte’s 2014 financial year, is available in English here.
“I am privileged to have been part of this exciting journey over the last eight years, and I am excited about the strategy we have in place to reach our vision to become the leading professional services firm in Switzerland. To achieve this vision, we are employing the best talents in the industry”, comments Howard Lovell, CEO.
Our success story continues on many different levels:
- We have the largest advisory capability in the Swiss market.
- We have received the award of the “Swiss Tax Firm of the Year” for the second year running.
- We have invested significantly in transforming audit, using leading-edge analytic technologies to provide better insight and more risk-focused audits that are more relevant to investors and regulators.
- We have the right culture and top talent. Deloitte talent grew in FY14 by 13% to 1’308 employees, representing 49 different nationalities.
Our business performance
Deloitte reported gross revenues of 461 Million CHF for the year ending 31 May 2014, a 22% increase on the 377 Million CHF revenue in year 2013. Deloitte is one of the fastest growing professional services firms in Switzerland.
Bob Warburton, COO: “We have been able to double our growth rate from 11% in FY13 to 22% in FY14. All our business units – Audit, Tax, Consulting and Corporate Finance – have been able to contribute to this amazing growth.”
Our investment in our talent
In FY14, the Deloitte talent grew by 13% to more than 1’300 employees. Approximately 37% of our employees are female, with 12% female partners. The number of partners increased to 94. The firm increased the recruitment of graduates from 134 in FY13 to 148 this year.
In Switzerland, over 500 in-house training courses were offered to Deloitte employees. In addition, the European Deloitte University was opened in December 2013, focusing on the development of leadership and business advisory skills for Deloitte employees.
Our commitment to sustainability
In June 2013, we successfully achieved certification for our operations in Switzerland against the ISO 14001 environmental management standard. This certificate will enable us to continually monitor and reduce our environmental impacts. We have started to implement the first steps of “Our green journey”, our environmental programme which is part of Deloitte’s strong, international sustainability agenda. Our goal is to become an environmentally exemplary firm by 2020.
About Deloitte in Switzerland
Deloitte is a leading accounting and consulting company in Switzerland and provides industry-specific services in the areas of audit, tax, consulting and corporate finance. With more than 1’300 employees at six locations in Basel, Berne, Geneva, Lausanne, Lugano and Zurich (headquarters), Deloitte serves companies and institutions of all legal forms and sizes in all industry sectors. Deloitte AG is a subsidiary of Deloitte LLP, the UK member firm of Deloitte Touche Tohmatsu Limited (DTTL). DTTL member firms comprise of approximately 200,000 employees in more than 150 countries around the world.
Zurich, 4th of September 2014
Note to editors
In this press release references to Deloitte are references to Deloitte AG, a subsidiary of Deloitte LLP, which is the United Kingdom member firm of Deloitte Touche Tohmatsu Limited (“DTTL”), a UK private company limited by guarantee, whose member firms are legally separate and independent entities. Please see www.deloitte.com/ch/about for a detailed description of the legal structure of DTTL and its member firms.
Deloitte LLP and its subsidiaries are leading business advisers, providing audit, tax, consulting and corporate finance services through more than 14 000 exceptional people across the UK and Switzerland. Known as an employer of choice for innovative human resources programmes, it is dedicated to helping its clients and people excel.
Deloitte AG is an auditor firm recognised and supervised by the Federal Audit Oversight Authority (FAOA) and the Swiss Financial Market Supervisory Authority (FINMA).
The information contained in this press release is correct at the time of going to press.
For more information, please visit www.deloitte.ch.