Deloitte Record Financial Performance in 2007

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Deloitte Achieves Record Financial Performance in 2007


Summary

Deloitte Touche Tohmatsu announced that its aggregate member firm revenues reached an impressive US$23.1 billion in 2007, representing a 15.5% increase in U.S. dollars and a 12.6% rise in local currencies. This marks the fifth straight year of double-digit revenue growth for Deloitte. These results are detailed in the "Deloitte Touche Tohmatsu Worldwide Member Firms 2007 Review: Milestones on the Journey," released in Cape Town, South Africa.

Highlights

James H. Quigley, Global CEO of Deloitte, expressed satisfaction with the company's achievements, attributing success to an unwavering commitment to customer service excellence. Quigley stated, "The results validate Deloitte's strategy to deliver unmatched services and competencies to address our clients' complex challenges."

Financial performance varied across different service lines:
- Financial Advisory Services: Increased by 25.2% to US$1.89 billion.
- Consulting Services: Rose by 16.5% to US$5.19 billion.
- Tax Services: Grew by 16.5% to US$4.98 billion.
- Audit Services: Increased by 13.1% to US$11.08 billion.

Regionally, the Americas saw an 11.9% growth to $11.49 billion, while Europe-Mideast-Africa experienced a 12.6% rise to US$9.18 billion.

Looking Forward

Quigley remains optimistic about Deloitte's future, emphasizing a strategy geared toward overcoming challenges and enhancing client support. He highlighted ongoing investments in talent and innovation as core to this mission.

Recruitment and retention are pivotal for sustaining growth. Quigley aims for Deloitte to be the employer of choice for top talent worldwide, providing a challenging work environment, continuous learning, and an inclusive culture. "My goal is for Deloitte to be globally recognized for personal and career satisfaction," he affirmed.

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