Chief Executive’s Statement
- Introduction
- We are achieving strong growth throughout the firm
- We are increasing the value generated by our people
- We are honing the culture within KPMG
- We are making KPMG a place where innovation is expected from everyone
- We are creating an even better KPMG to meet our clients’ needs
We are achieving strong growth throughout the firm
This picture of good turnover growth and excellent profitability is reflected across the business. We grew our audit revenue by 6%, and we now audit more UK listed companies than any other firm. Tax revenue grew by 11%. Our work in Pensions and People Services increased significantly and we achieved strong growth in Real Estate, where we also recruited a number of outstanding people.
We also have exciting opportunities in Advisory, where overall revenue was up 13%. Transaction Services revenue grew by 25% and we are now the undisputed market leader amongst UK accountancy firms. Corporate Finance revenue grew by 16% and we are now genuine competitors to the established investment banks. In Forensic we have invested heavily in people and technology, which helped us to win and complete large assignments and grow by 33%.
