Deloitte revenue grows 8.6% to $31b

Deloitte Touche Tohmatsu has announced aggregate member firm revenues of $31.3 billion for the fiscal year ending May 31, marking the network's highest revenue ever. Aggregate revenues grew 8.6 per cent in the United States dollars and 8.3 per cent in local currency -” the strongest revenue increase since 2008. Deloitte member firms experienced growth across all three major geographic regions, led by exceptional results generated in Asia Pacific, the Americas, and a number of developing markets, as well as across all business lines and industry sectors. "Complexity, disruption, and speed of change are the new reality for our member firm clients, and for Deloitte's own business,- said Omar Fahoum, chairman and chief executive, Deloitte Middle East. "Deloitte's success this past year is the result of adapting business strategies to anticipate client needs and address the changing requirements of a dynamic market.- Deloitte continued to focus on hiring, developing, and retaining top talent as a key driver of the expansion of business activity. In the financial year 2012, the network hired 51,400 professionals; its total workforce now exceeds 193,000 professionals worldwide and the organisation is well on its way to achieving its growth goal of 250,000 professionals by 2015. Times Of Oman