Mazars Publishes its 10th Annual Report: “Breaking New Ground”, Reports Growth of 5.8%

Mazars - an international, integrated and independent organization specializing in audit, advisory, accounting and tax and legal services – recorded a growth of 5.8% over the 2013/2014 fiscal year ending on August 31st 2014.

At the Group’s annual conference in Istanbul in December 2014, Mazars welcomed 64 new partners from 22 countries and 4 continents, including professionals from the Albanian audit firm Gjini, who have bolstered Mazars’ geographical presence in Europe. 

Mazars now has a direct presence in 73 countries, and with the work of its more than 14,000 professionals, generates nearly $1.25 billion in revenues (€1.08 billion).

Integrated Reporting: going beyond transparency and confidence:

Nine years ago, Mazars was the first global audit and advisory firm to publish consolidated financial statements in the same conditions as its listed clients. At present, the Group remains the sole global and audit advisory firm to do so. 

This year, Mazars has decided to take its transparency one step further by embarking on a journey towards the implementation of its financial and non-financial information in accordance with the framework set out by the International Integrated Reporting Council (IIRC). This Integrated Reporting will allow Mazars to better communicate on its business model and to more clearly respond to the needs of its clients, its stakeholders and the general public.

 

Breaking New Ground

This is more than just the title of the Mazars 2013-2014 Group Annual Report; the idea of “breaking new ground” embodies all of Mazars’ history, a history that is defined by its forward momentum and by its curiosity in regards to new markets and territories. 

Between 2005 and 2014 Mazars has nearly doubled its geographic presence – from 38 to 73 countries – and more than doubled its revenue. Mazars is still a young organization that is driven by a desire to be an influential challenger in the market.  Its success has primarily been founded on technical excellence, reliability, ethics and independence.

 

KEY FIGURES

Growth in regions where the Group was present during the 2013-2014 financial year (ending August 31st 2014)

Region Fee income in M€ Organic Growth External Growth Fx Impact Total
Africa 63.5 9.6% 7.0% -11.6% 4.9%
Asia Pacific 56.9 2.9% 1.4% -5.9% -1.8%
Central & South America 37.2 12.7% 20.8% -18.2% 16.3%
Eastern & Central Europe 40.4 5.8% 8.9% -5.8% 8.9%
Middle East 6.3 9.6% 1.4% -4.4% 6.6%
North America 125.9 2.7% 7.0% -4.7% 6.1%
Western Europe 750.7 3.0% 0.8% -0.2% 3.6%
Mazars Group 1080.8 3.9% 1.9% -2.4% 3.4%

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