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... For the full story register now for free or login below...
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