Press release

2 Nov 2021 Dublin, IE

EY reports revenues of €393 million in the Republic of Ireland for Financial Year 2021

DUBLIN, 02 NOVEMBER 2021: EY has reported financial results for the year to the end of June 2021 showing 9.5% growth in revenue to €393 million for Financial Year 2021 (‘FY21’) in the Republic of Ireland, and 7.6% growth in revenue to €425 million for the same period on the Island of Ireland.

Press contact
EY Ireland

Multidisciplinary professional services organization

EY Ireland, a leading global professional services organisation providing assurance, tax, audit, strategy and transactions and consulting services.

  • Revenue up 9.5% to €393 million for Financial Year to 30 June 2021 (‘FY21’) in the Republic of Ireland (up from €359 million in the prior Financial Year)
  • Island of Ireland revenue up 7.6% to €425 million for FY21 (up from €395 million in the prior year)
  • 1,066 people joined EY in FY21, bringing total headcount at 30 June 2021 to over 3,400 across offices in Dublin, Belfast, Cork, Limerick, Galway and Waterford

Dublin, 02 November 2021: EY has reported financial results for the year to the end of June 2021 showing 9.5% growth in revenue to €393 million for Financial Year 2021 (‘FY21’) in the Republic of Ireland, and 7.6% growth in revenue to €425 million for the same period on the Island of Ireland. Globally, EY reported revenues of US$40b in FY21.

EY reported a strong performance across all four of its service lines: Assurance, Consulting, Tax and Strategy and Transactions. 1,066 people joined EY in FY21, bringing total headcount at 30 June 2021 to over 3,400 across the island of Ireland, while over 900 people were promoted or progressed in the same period. Thirteen new Equity Partners were also announced on 1 July 2021, bringing the total number of Partners in EY across the Island of Ireland to 103.

Commenting on the results, Frank O’Keeffe, Managing Partner, EY Ireland said, “EY is very proud of the market leading results that we have delivered in this financial year. Our world class teams displayed incredible resilience during what was a challenging year and our clients continued to turn to us to help them solve some of their most complex issues. This, combined with our investment to embed a culture of innovation and transformation in our business, has allowed us to continue to grow across all areas of our business.”

“We continue to invest heavily in our core business areas of tax, audit and consulting as well as strategy and transactions while also focusing significant investment in our new areas of client service including technology, analytics, cyber security, workforce and organisation design and planning, change management, transaction diligence, law, sustainability, strategy, valuations, modelling and economics.”

“Our investment strategy is in line with our purpose of Building a Better Working World, as we invest in the best people and services to help our clients transform and innovate in a volatile marketplace. Our strong performance across each of our business areas put us in a position recently to be able to announce our plans to create over 800 jobs across our business before the end of our current financial year – that is up to the end of June 2022.” Frank added.

Colin Ryan, Managing Partner EY Financial Services Ireland said: “Our specialist Financial Services business supports our clients to deliver long-term value by helping them to reimagine their business, operate safely, and be compliant in ways that work better for themselves, their customers, investors and the societies they serve. We have this year made material investments in high demand skillsets and expertise including customer experience, finance transformation, regulation, technology-enabled transformation, ESG and analytics, as well as developing new partnering models to further enrich the ecosystem of services that we can bring to our clients.”

For further information click here to find EY Ireland’s Transparency Report 2021 (volume 1 and 2).

-ENDS-

Notes to editors

For further information please contact:

Olive Stephens

Director of Communications, EY

Mob: +353 87 7601642

Email: olive.stephens@ie.ey.com

Pia Phelan

Senior Communications Manager, EY

Mob: + 353 87 932 7702

Email: pia.phelan@ie.ey.com

About EY

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organisation, please visit ey.com.