Business

October 3, 2012

Deloitte announces $31.3bn revenue in 2012

Deloitte Touche Tohmatsu Limited, DTTL, has announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending, 31 May 2012, marking the network’s highest revenue ever.

Aggregate revenues grew 8.6 per cent in U.S. dollars – the strongest revenue increase since 2008. Deloitte member firms experienced growth across all three major geographic regions, led by exceptional results generated in Asia Pacific, the Americas, and a number of developing markets, as well as across all business lines and industry sectors.

“Complexity, disruption, and speed of change are the new reality for our member firm clients, and for Deloitte’s own business,” said DTTL Global CEO Barry Salzberg. “Deloitte’s success this past year is the result of adapting business strategies to anticipate client needs and address the changing requirements of a dynamic market.”

“In a challenging economic environment, US$1.4 billion of Deloitte’s US$2.5 billion aggregate growth in the past year came from member firms in the three largest economies in the world,” said Salzberg. “I believe that is a testament to Deloitte’s ability to not only gain strength in high-growth strategic markets, but also continue to build momentum in established markets globally.”

Deloitte continued to focus on hiring, developing, and retaining top talent as a key driver of the expansion of business activity. In FY2012, the Network hired 51,400 professionals; its total workforce now exceeds 193,000 professionals worldwide and the organization is well on its way to achieving its growth goal of 250,000 professionals by the 2015 financial year.