Nexia International (Nexia), the ninth largest global network of independent accounting and consulting firms, is delighted to report its financial results for 2018, which broke the US$4bn barrier for the first time.
In 2018, Nexia’s total fee income was more than US$4.02bn across the network – an increase of 11% on 2017.
This increase in global revenue is a result of consistent growth across the network in every region, with North America and Asia Pacific performing particularly well. The rise in fee income in the Asia Pacific region follows on from the success of Nexia’s focused recruitment of new member firms in China.
Throughout 2018, Nexia continued to expand its global presence by welcoming new member firms in Belarus, Bulgaria, Italy, Mali, Uganda, Zambia and Zimbabwe.
Commenting on the results, Kevin Arnold, CEO of Nexia International, says: “It is very pleasing to record another year of double digit growth and our long-term strategy of recruiting and retaining high quality firms in established and emerging world markets is clearly working.”
“This impressive increase in fee income is fantastic news and shows that Nexia’s presence around the world continues to grow providing even more opportunities for our members.”
For more information, please contact:
CEO, Nexia International
T +44 (0)20 7436 1114
Note to editors:
Nexia International is a leading worldwide network of independent accounting and consulting firms, providing a comprehensive portfolio of audit, accountancy, tax and advisory services.
Nexia International does not deliver services in its own name or otherwise. Nexia International and its member firms are not part of a worldwide partnership. Nexia International does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within Nexia International is a separate legal entity.
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