Fee income in the 2010/2011 financial year puts Ernst & Young back on course for growth
Ernst & Young Switzerland finished the financial year 2011/10 on June 30, 2011 with revenue from services of CHF 510.3 million, compared to CHF 507.3 million in the financial year 2010/09.
“Given that market conditions remain difficult, this achievement should be rated as an exceptional success. And it shows that we are well placed – as regards both strategy and organization – to continue to build on our already strong market position,” says Bruno Chiomento, Chief Executive Officer of Ernst & Young Switzerland.
Ernst & Young Switzerland: Fee income by service line (in CHF millions)
| | 2010/11 | 2009/10 | Change in % |
Audit und Assurance Services | 267.7 | 273.7 | -2.2 |
Tax und Legal Services | 155.0 | 159.1 | -2.6 |
Advisory Services | 87.6 | 74.5 | +17.5 |
| Total | 510.3 | 507.3 | +0.6 |
Ernst & Young Switzerland: Employees (FTEs)
| | 2010/11 | 2009/10 |
| Employees (FTEs) | 1'820 | 1'840 |
Media release: «Fee income of CHF 510.3 million in the 2010/2011 financial year puts Ernst & Young back on course for growth»