EY increased its revenue and created new jobs

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EY Switzerland increased total revenue in the 2013/14 fiscal year by 0.9 percent to CHF 574 million. Net revenue rose by 1.3 percent to CHF 472.6 million and Advisory Services grew strongly.


EY is looking to sustain this growth course in a demanding market environment. To this end, the organization has invested in the next generation, created new jobs, reinforced employee training and education, and created new working tools.

Qualified employees provide the best advisory services to clients, thereby enabling them in turn to further develop and sustainably grow their business models.



 
 
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“This is a good result given the very demanding market environment and the costs of high levels of investment in quality and staff. By assiduously implementing our global strategy and investing in quality, we will succeed in building on our strong market position in selected growth areas in the current year,” says Bruno Chiomento, CEO of EY Switzerland.
 
     


Advisory and assurance business for the financial sector now accounts for over one-third of the revenue at EY Switzerland and is making a significant contribution to the company’s growth. The Financial Services Organization (FSO) unit increased fee income by 8.1 percent to CHF 213.2 million.

 



 

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“On the basis of a new strategy, we have consistently aligned the FSO unit to the future needs of banks and insurance companies. In particular, we have invested heavily in the areas of strategy advisory, IT advisory, data management and digitalization as well as in corporate culture and organizational advisory, and have significantly expanded our partner base,” says Marcel Stalder, Leader Financial Services at EY Switzerland.
 


 


 

EY Switzerland: fee income by service line (gross)*

  2013/14  CHF m 2012/13 CHF m

Change
in %

Audit and Assurance Services

266,1 269,4 -1,2

Tax and Legal Services

162,4 166,2 -2,3

Advisory Services

145,4 133,1 +9,2
Total 573,8 568,7

+0,9

 * All amounts stated have been individually rounded, which may give rise to minor discrepancies when these amounts
   are aggregated.


 EY Switzerland: fee income by service line (net)*

  2013/14  CHF m 2012/13 CHF m

Change
in %

Audit and Assurance Services

228,4 231,5 -1,3

Tax and Legal Services

131,5 137,0 -4,0

Advisory Services

112,7 98,2 +14,8
Total 472,6 466,6 +1,3

 * All amounts stated have been individually rounded, which may give rise to minor discrepancies when these amounts
  
are aggregated.


EY Switzerland: fee income by unit (gross)

  2013/14  CHF m 2012/13 CHF m

Change
in %

Other client serving operations (GSA CH)

360,7 371,5 -2,9

Financial Services Organization (FSO)

213,2 197,2 +8,1
Total 573,8 568,7

+0,9

* All amounts stated have been individually rounded, which may give rise to minor discrepancies when these amounts 
  are aggregated.


 EY Switzerland: employees and training

  2013/14 2012/13
 

Change
in %

Employees (full-time equivalent)

2'095 1'957 +7,1

Hours of official training per employee

54,8 50,5 +8,5

 


 EY Switzerland: Regional offices and number of employees

Place Number of employees
Aarau 22
Basel (head office) 162
Berne 221
Geneva 347
Lausanne 86
Lucerne 19
Lugano 52
St. Gallen 41
Vaduz 6
Zug 46
Zurich 1'238
Total 2'240