BDO announces financial results 2018: global revenues reach US$9 billion
11 December 2018
BDO strengthens its position as leading adviser to the mid-market as global revenues reach the US$9 billion mark and 80,000 people worldwide drive innovative leadership.
BDO announces a total combined fee income of US$ 8.99 billion / € 7.56 billion for the year ended 30 September 2018, representing a year on year growth of 10.7% in US$ and 8.3% at constant exchange rates.
The global organisation’s continued and accelerating growth rate is borne of a clear strategic aim to be leaders in their markets, supported by relevant business-critical acquisitions, such as cybersecurity companies. Now represented in 162 countries and territories, BDO saw consistent growth across all regions in 2018, with the strongest revenue increase in EMEA (+17%), followed by the Americas (+7.8%) and Asia Pacific (+6.6%).
BDO’s culture of helping our people, our clients and society at large succeed is reflected in the organisation’s consistent expansion in headcount – aided by strategic lateral hires: up 8.4% this year to 80,087 people, working out of 1,591 offices worldwide and on-hand to assist clients as they grow, wherever they choose to conduct their business.