Financial strength

We have set ourselves a clear objective for financial performance: to continue sustainable growth from both our Assurance and Advisory businesses. To do so, we are focusing on the company’s long-term profitability – that means balancing short-term considerations with the need for future growth.

We also believe firmly in investing in our business. Over the past few years, we have been steadily increasing our investments across our five strategic focus areas, further enhancing audit quality, strengthening our cybersecurity, reinventing many of our internal operating models and improving our workforce management.

For 2021/2022, we again reported an increase in revenue and operating profit from both Assurance and Advisory despite continued economic uncertainty and concerns over rising prices and the destabilizing effects of the current war in Ukraine.

FINANCIAL STRENGTH

What were our priorities for 2022?

Continue to pursue sustainable growth, increasing revenue while maintaining profitability

Re-invent internal operating models across our business

Increase cross-border collaboration with the KPMG global network

Material topic for Financial strength

  • Impact of the war in Ukraine on the economic and business environment

See Management of our material topics (new window) for information on how we manage potential risks and opportunities on this issue.

Material KPIs for Financial strength

+15.3%

Revenue growth

EUR 119.5 million

Profit before income tax

EUR 39 million

Total strategic investments