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Mazars global income rises by 7.8%

Business

Mazars has posted a 7.8 per cent increase to global revenues, as its Australian arm announces 10 new promotions to strengthen its leadership and service offering.

By Reporter 8 minute read

The international network has announced revenues of €1.9 billion ($2.9 billion) for the 12 months ending 31 August 2020, largely comprising organic growth at 5.9 per cent and external growth at 1.8 per cent.

Its Asia-Pacific firms, including Australia, contributed to a 16 per cent increase in revenues.

The full-year impact of new mergers in Melbourne and Brisbane also contributed to external growth at 5.6 per cent.

Mazars Group chief executive and chair Hervé Hélias said the firm’s overall results were a testament to its people and their commitment to serving clients amid the global pandemic.

“For people, businesses and society, 2020 has been a year like no other,” Mr Hélias said.

“Amid a global pandemic, with our focus on keeping our people safe and continuing to deliver top-quality services to our clients, Mazars has shown remarkable resilience achieving 7.8 per cent growth, most of it organic.

“Our people’s remarkable efforts to continue serving our clients and carry out their assignments enabled us to do more than just weather the storm in 2020.”

The latest results come after Mazars unveiled a global rebrand across its firms in over 90 countries and territories.

It also follows the appointment of six new partners and four new directors across its Australia offices.

Partner promotions include:

  • Cheryl-Anne Laird, partner – human resources consulting
  • James Martin, partner – audit and assurance
  • Donavin van Rooyen, partner – accounting and outsourcing
  • Michael Wen, partner – business advisory, specialising in Asian business services
  • Tim Mouritz, partner – business advisory, specialising in agribusiness
  • Simone Gordon, partner – business advisory

Director appointments include:

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