Mazars revenues up by 7.8 percent to 1.9 billion Euro in 2019/20

Mazars, the international audit, tax, and advisory firm, today announces revenues of 1.9 billion Euro in its 2019/2020 financial year (1 September 2019 – 31 August 2020), representing a 7.8 percent increase (excluding forex impact of -0.3 percent) compared to the previous financial year. The increase in fee income comprises organic growth (5.9 percent), complemented by positive external growth (1.8 percent).

Commenting on the firm’s financial performance, Hervé Hélias, CEO and Chairman of Mazars Group says: “For people, businesses, and society, 2020 has been a year like no other. Amid a global pandemic, with our focus on keeping our people safe and continuing to deliver top quality services to our clients, Mazars has shown remarkable resilience achieving 7.8 percent growth, most of it organic. Our people’s remarkable efforts to continue serving our clients and carry out their assignments enabled us to do more than just weather the storm in 2020.”

Looking ahead Hélias says: “The pandemic and related economic crisis certainly bring a challenging period, but we are looking beyond that, investing in our organisation and in our people to deliver what our clients need and what they expect from us. We have set a strategy that both secures our place in the market and continues to create the firm of the future, ensuring we attract and grow outstanding talent, deliver high-quality experiences to our clients of all types, and above all, build confidence and trust by acting in a responsible way.”