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Deloitte Predicts Bumper 2008

by Mike Godfrey, for LawAndTax-News.com, Washington

03 June 2008

Deloitte Global CEO, Jim Quigley, announced late last week that projected aggregate member firm revenue for Deloitte Touche Tohmatsu in FY2008 would exceed USD27bn, representing another year of double digit growth for the global professional services organization.

Reported revenues in FY2007 were USD23.1bn.

Marking the end of his first full year as Global CEO, Quigley commented:

“We are delighted with our performance, which I believe is a reflection of the quality of our people and their everyday commitment to client service excellence."

"Our continued financial success is driven by our diverse service offerings and strong presence in each region, including the emerging markets. While we are experiencing growth in all areas, growth is particularly strong in our advisory services.”

Looking ahead, Quigley noted that:

“Our future growth rests on the strength of our innovative culture. Our people are proactive and strive to always be one step ahead in everything they do, enabling delivery of greater value to clients, the marketplace, and our communities. I am very proud of what our teams have accomplished, and look ahead to the coming year with great anticipation.”

The announcement came as Deloitte leaders from around the world kick off their annual global meeting, being held this year in Silicon Valley, CA. (USA).

Invited speakers include: former US Vice President and Nobel Laureate Al Gore, and Jonathan Schwartz, CEO of Sun Microsystems.

“We are very fortunate to have Mr Gore and Mr Schwartz speaking to the delegates during this year’s world meeting. Their insights, and those of our clients located in Silicon Valley—the heart of world-class innovation—will be invaluable in helping drive an even stronger innovative culture within our organization,” Quigley announced.

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