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PwC reveals strong 2013/2014 results


PwC Australia has announced strong profit growth and a seven per cent spike in revenue for the year ending 30 June 2014.

By Michael Masterman 8 minute read

The substantial revenue growth saw the firm hit $1.573 billion in revenues for the year.

Chief executive officer of PwC Australia, Luke Sayers, said the result reflects the firm’s focus on reinventing and transforming its traditional businesses to more effectively meet client demand, as well as investing in new sources of profitable growth.

“We set a four-year strategy for the firm two years ago, a core part of which was focused on building our relevance to both our clients and the broader community in which we operate. Part of this is about enabling an agile and collaborative culture where our people can anticipate and move quickly to solve the increasingly complex problems our clients are facing.”

“We are now two years into our strategy and our balanced scorecard of non-financial and financial goals is trending positively."

The result allows PwC to continue to invest in and grow their business, said Mr Sayers

“We are very proud of our 2013/2014 results but we are not done yet. We must continue to listen closely to what our clients and people are saying and anticipate shifts in the market,” he said.

With many industries “evolving faster than ever before” Mr Sayers said PwC must help its clients adapt in order to build its own business.

“Our own success and growth will only be achieved by helping our clients to be successful and grow.”

“We must continue to invest in our people, clients and business to ensure we are match-fit for the opportunities presented by a digital world and the growth opportunities that reside in Asia,” Mr Sayers said.

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