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

Studies mentioning this company

The public accounting market - France

Other companies mentioned:

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