Nexia International announces financial results showing a 13% rise in global revenue
Nexia International (Nexia), a top 10 network of independent accounting and consulting firms, is delighted to report its financial results for 2017, which show total fee income of more than US$3.62bn – an increase of 13% on 2016.
This increase in global revenue is a result of consistent growth across the network. The Asia Pacific region achieved significant growth of 62%, with China more than doubling its growth in consecutive years.
Nexia’s other regions have all continued to thrive with North & Central America, Latin America and Europe all reporting 8% growth and Africa reporting growth of 5%.
Throughout 2017, Nexia continued to expand its global presence by welcoming new member firms in China, France, Latvia, Nepal and Saudi Arabia.
Kevin Arnold, CEO of Nexia International, said: “This impressive increase in fee income is great news and clearly shows that the network continues to go from strength to strength.
These results are clear evidence of the ongoing successful implementation of our long-term growth strategy of recruiting high quality firms in key and emerging world markets.”
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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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