Business

Wednesday 19 June 2019

Revenues rise 10pc to record €414m at KPMG Ireland

Profits are up at KPMG (PA)
Profits are up at KPMG (PA)
Gavin McLoughlin

Gavin McLoughlin

Revenues rose 10pc to a record €414m at KPMG Ireland last year driven by a strong economy here.

The accounting firm said there had been increased demand at home and abroad, across all sectors, for KPMG’s audit, tax, deal advisory and consulting services. It’s also being helped by the emergence of more complex problems for companies to manage.

Managing partner for Ireland Shaun Murphy said: "Ireland is one of the world’s most attractive locations for international investment. This, combined with Irish companies succeeding in international markets, is driving growth."

He said Ireland’s appeal as an EU gateway and stable business location can help weather the effects of Brexit.

The company’s headcount went over 3,000 here for the first time in 2018.

It’s looking for new office space to house its Dublin staff, and will be moving to a new premises in Cork shortly.

KPMG also said it would look to hire more than 300 graduates this autumn.

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