EY today announces combined global revenues of US$45.4b for the financial year ending June 2022 (FY22), an increase of 16.4% in local currency (13.7% in US dollars). This marks one of the most successful years in the history of the organization with the highest growth seen in nearly two decades attributed to the EY NextWave strategy to deliver long-term value for EY people, clients and society.
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A significant slowdown in market growth and global rise in raw materials and transportation prices have led to an intense fight among players to gain market share. Due to changes in customers’ needs, the business model once proven for the region is no longer relevant
Professional services firm Arup is delivering mechanical and electrical engineering services for the controversial project and new accounts for Ove Arup & Partners Ltd show that last year, it recorded the increase in pre-tax profits after revenues increased by 9per cent from €64.33 million to €70.22 million.