29 January 2018
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.”
Source: Nexia International