Mazars reports 10 percent revenue growth in 2019
Mazars, the international audit and advisory firm, announces revenues of €1.8 billion in its 2018/2019 financial year, up 10.4% compared to the previous financial year. The increase in revenues was supported by a strong 9% organic growth, complemented by a positive external growth of +1.3%.
“This is the highest level of organic growth registered by Mazars since 2011/2012. This outstanding performance comes from a combination of the high level of expertise and strong commitment of our teams to deliver our clients with a seamless experience globally, as well as a true recognition of the benefits of Mazars’ uniquely integrated partnership model. Mazars is a trusted partner of choice for organisations of all kinds, not just listed companies.”, said Hervé Hélias, CEO & Chairman of Mazars Group.
Mazars’ international expansion is reflected in the geographic spread of its revenue sources, with more than a third of the firm’s fee income now coming from outside of Europe.
The Romanian office has 25 years of experience in tax, audit, financial advisory, accounting and outsourcing, and payroll & HR. “Mazars is a company fit for the future, one that has onboard a lot of young people with a unique vision and values that shape our character and culture as a whole. Looking ahead, our strategic direction for 2020 is driven, first and foremost, by our team and our clients. Mazars is a deeply rooted company with five integrated lines of service. We recently launched HR Advisory Services on the local market, a business line that comes at a perfect momentum considering the challenges of the Romanian workforce”, mentioned Dino Ebneter (photo), Country Managing Partner Mazars Romania.