Turnover: 1.467 billion EUR (2023)
Country: France
Created in 1989 following the merger of Ernst & Whinney and Arthur Young & Co, the EY Group is a major UK-based firm.
Worldwide, EY has more than 700 offices in over 150 countries. The Group generates 36% of its sales in auditing and public accounting, 28% in consulting, 26% in legal and tax services, and 10% in transactions. Geographically, 45% of sales are generated in the Americas, 40% in Europe, the Middle East, India and Africa, and 15% in Asia-Pacific (excluding India).
News
EY receives bill for cancelled spin-off: $600 million 12/02/2024
- Demerger project aborted. The preparation of this operation cost 600 million dollars.
- The audit and consulting firm employs 312,000 people worldwide
- EY's global operational activities generated $6.4 billion in commissions from nationals national member companies in 2023, or around 13% of the $49.4 billion in revenues generated last year by the firm's various entities.
EY spin-off: the boss's failure. 14/06/2023
- Carmine Di Sibio, EY CEO since 2019, will retire in June 2024.
- EY has 312,000 employees. Everest" project to separate audit and consulting activities cancelled
- EY's US branch accounts for 40% of the company's total sales of $50 billion.
- The consulting market is valued at $900 billion.
EY lays off 3,000 U.S. employees 19/04/2023
- EY lays off around 3,000 employees in the United States.
- This represents less than 5% of EY's US workforce.
- Accenture announced a cost-cutting plan involving the elimination of around 19,000 positions, or 2.5% of its workforce
- KPMG announced in February its intention to lay off around 700 people in the U.S., representing around 2% of its workforce.
- McKinsey plans to cut 2,000 positions.
Audit and Consulting: EY abandons its projects. 12/04/2023
- Sales of EY's American branch: 40% of the global network.
- EY employees: 312,000 worldwide.
Financial Data
DUNS: 449142348
Legal Name: ERNST & YOUNG ET ASSOCIES
Address: 2 place des saisons, 92400 Courbevoie
Number of employees: Entre 2 000 et 4 999 salariés (2018)
Financial Data:
Year | Turnover (€) | Net Profit (€) | Fiscal Year End | Fiscal Year Duration |
---|---|---|---|---|
2018 | 607 273 959 EUR | 6 209 774 EUR | 30/06/2018 | 12 |
2017 | 589 225 813 EUR | 5 005 223 EUR | 30/06/2017 | 12 |
2016 | 585 632 445 EUR | 5 563 689 EUR | 30/06/2016 | 12 |
2015 | 554 639 552 EUR | 5 099 921 EUR | 30/06/2015 | 12 |
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