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  1. Cyprus
  2. Press
  3. Press releases 2017
  4. Grant Thornton reports record global revenues

Grant Thornton reports record global revenues of $4.8 billion

05 Jan 2017
  • Grant Thornton reports record global revenues

Grant Thornton today announced total combined record global revenues of US$4.8bn for the financial year ended 30 September 2016.

Revenues at Grant Thornton member firms grew 7.8% measured on a local currencies basis, and at 3.3% when measured in US dollars. Assurance services accounted for approximately 42% of total revenues (US$2.025 bn); advisory services 35% (US$1.652 bn); tax services 21% (US$1.018 bn); and other services 2% (US$94 m).

“All credit goes to our 47,000 people in more than 130 countries for all that we have accomplished in the past year,” said Ed Nusbaum, global CEO of Grant Thornton International Ltd.  “We have created a solid platform for growth, placing both our people and our clients at the heart of our global strategy, allowing us to build on our quality and focus on our foundations to create sustainable growth for the future.

“Our mission remains the same: to be the leading adviser to dynamic organisations and to unlock the potential for growth in our people, our clients and in our communities.”

Workforce

  • Grew by 11.4% to 47,000 people in more than 130 countries.

Service lines

  • assurance services - US$2,025 million (up 3.6%)
  • tax services - US$1,018 million (up 4.4%)
  • advisory services - US$1,652 million (up 1.4%)
  • other services - US$94 million (up 25.2%)

Regional revenue

  • Africa - US$98 million
  • Americas - US$2,261 million
  • Asia Pacific - US$692 million
  • CIS - US$31 million
  • Europe - US$1,667 million
  • Middle East - US$40 million

Investing in our people - workplace and recognition awards

  • Grant Thornton named one of the 50 World's Most Attractive Global Employers by Universum (#34).
  • Grant Thornton recognised as a top employer worldwide in numerous countries including Canada, Mexico, Sweden, the US and UK.

Investing in our communities - corporate social responsibility (CSR)

Grant Thornton understands the impact our people have by volunteering their time, investing in educational, charitable, environmental and healthcare initiatives:

  • Grant Thornton's Global CSR Steering committee is focused on ensuring each Grant Thornton firm has CSR at the heart of its business.
  • Grant Thornton's global CSR event 'Growing Together in the community' was held on 22-23 September 2016. Our people in more than 90 countries across the world took part in helping local communities unlock their potential. Watch our video to see how we made an impact in our local communities this year.
  • Grant Thornton continued its global partnership with The Global Fund for Children (GFC). Working collaboratively, we directly support their efforts in improving the lives of the world’s most vulnerable children by supporting the GFC's regional knowledge exchanges in Kenya, Nepal, Peru, Serbia, Moldova, Uganda, Kyrgyzstan and South Africa.

M&A growth

  • New member firms in Bosnia and Herzegovina, Croatia, Rwanda and Slovenia.
  • M&A expansions in Canada, Czech Republic, Estonia, Georgia, Hong Kong, Hungary, Israel, Italy, Romania, South Korea, Sweden and US.

Grant Thornton global revenue and people 2016

 

For further information please contact:

Jenny Hadjicosta

Marketing and CSR Manager

E jenny.hadjicosta@cy.gt.com

T +357 22600000

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© 2021 Grant Thornton (Cyprus) Ltd - All rights reserved. "Grant Thornton” refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.

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