Strong growth in revenue and staff

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EY Switzerland resumed its growth in fiscal year 2014/2015 and increased total revenue by 6% to CHF 608.2 million. The number of full-time employees rose by 9.1% to 2,286. Growth has been driven by advisory services for the financial sector.

To have a sustainable effect on this growth trajectory in an ever more demanding market environment, EY is investing heavily in the next generation and new teams and services, creating new jobs in the process. In the past year, we hired 798 new employees, including 288 graduates.



 
 
EY - Bruno Chiomento
"Faced with a market environment that remains highly competitive, we are extremely satisfied with the results, which show that our extensive investment in quality, technology and staff over the recent years has paid off. As the most globally oriented organization in the sector, we will continue to invest in implementing our global strategy, so that we can keep building on our strong market position in growth areas during the current year," says Bruno Chiomento, CEO of EY Switzerland.
 
     


Our advisory and auditing business for the financial sector now accounts for over one-third of revenue at EY Switzerland. Most notably, the financial services advisory business has continued to pick up momentum and is preparing to hold its growth course steady through the targeted recruitment of additional talent.



 

EY - Marcel Stalder

 

 

 

 
"The financial industry is undergoing a fundamental transformation into a new reality. Current developments are marked by volatility, uncertainty, complexity and ambiguity but the trends are toward industrialization and digitalization of business models in a multi-polar, global financial world," emphasizes Marcel Stalder, Financial Services Leader at EY Switzerland.
 


 


Fiscal year from 1 July 2014 to 30 June 2015

Fee income by business unit (gross)*:

  2013/14  CHF m 2014/15 CHF m

Change
in %

Audit and Assurance Services

266 261 -1.9

Tax and Legal Services

163 174 +7.1

Advisory Services

145 173 +19.2
Total 574 608

+6.0

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


Fee income by business unit (net)*:

  2013/14  CHF m 2014/15 CHF m

Change
in %

Audit and Assurance Services

228 229 +0.3

Tax and Legal Services

132 138 +4.9

Advisory Services

113 127 +12.4
Total 473 494 +4.5

 * 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 2014/15 CHF m

Change
in %

Other client serving operations (GSA CH)

360.7 372.3 +3.2

Financial Services Organization (FSO)

213.2 235.9 +10.6
Total 573.8 608.2

+6.0

* 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 2014/15
 

Change
in %

Employees (full-time)

2,095 2,286 +9.1

Training per employee (hours)

54.8 57.4 +4.8

 


 EY Switzerland: Regional offices and number of employees

Place Number of employees
Aarau 28
Basel (head office) 167
Berne 232
Geneva 368
Lausanne 96
Lucerne 18
Lugano 45
St. Gallen 47
Vaduz 6
Zug 56
Zurich 1,362
Total 2,425