Accounting giant’s profits flat despite continued revenue growth
Deloitte’s profits were flat last year despite an eighth-consecutive year of revenue growth at the accounting giant.
Revenues rose to £3.58bn, up 6% in the year and 83% higher than in 2010.
The firm has changed how it reports its distributable profit figures, declaring them after tax for the first time, but like-for-like figures showed an 0.5% improvement on 2017. Equity partners shared £584m and received an average of £832,000,
David Sproul, senior partner and chief executive of Deloitte North West Europe, said: “This... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...