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LONDON - 15 December 2020: Grant Thornton International Ltd today announced global revenues of USD5.76 billion for the financial year ended 30 September 2020, up 0.6% on 2019. This represents growth of 1.6% and USD5.81 billion in constant currency terms*.
Peter Bodin, CEO Grant Thornton International Ltd, says: “From the professional to the personal, COVID-19 has affected every aspect of our lives in 2020. Since a global pandemic was declared by the World Health Organisation in March this year, Grant Thornton member firms have focused on supporting their people, their clients, and their businesses.
“I am incredibly proud of the determination, agility and resilience demonstrated by Grant Thornton member firms around the world as they responded to unprecedented challenges while increasing their support, connectivity and collaboration with their clients and one another.”
Thanks to the network’s investment in technology over recent years, member firms were able to switch to virtual working, in some cases almost overnight, as lockdowns were imposed by governments around the world. The network’s ability to pivot not only enabled it to maintain its operational capabilities but also to help clients respond as we rapidly launched tools and guidance to help business cope with the social and economic shock of the pandemic. Grant Thornton firms around the world responded with empathy, innovation and care for their clients.
Peter concluded: “While the outlook remains uncertain, the prospect of a vaccine next year, along with solid growth this year, puts us in a great position to continue investing in our multidisciplinary model and leverage opportunities post-Covid.”
*Constant currency is calculated by applying 2019 exchange rates to 2020 revenues.