{"id":113546,"date":"2025-10-31T05:31:07","date_gmt":"2025-10-31T05:31:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/113546\/"},"modified":"2025-10-31T05:31:07","modified_gmt":"2025-10-31T05:31:07","slug":"ey-sees-revenues-in-ireland-increase-by-9-to-reach-a-record-e843m-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/113546\/","title":{"rendered":"EY sees revenues in Ireland increase by 9% to reach a record \u20ac843m \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Big Four professional services firm EY grew its island of Ireland revenues by 9 per cent last year to a record \u20ac843 million, its latest annual transparency report shows. <\/p>\n<p class=\"c-paragraph paywall \">The firm has seven offices on the island, employing 5,460 staff and with 154 equity partners. <\/p>\n<p class=\"c-paragraph paywall \">In the Republic, the firm\u2019s fee income rose by 7.5 per cent to \u20ac781 million in the year to the end of June 2025. EY has five offices in the Republic that employed 4,431 staff and had 141 equity partners last year. <\/p>\n<p class=\"c-paragraph paywall \">A breakdown of its revenues in the Republic shows that two-thirds of its income, at \u20ac525.3 million, was generated from services provided to non-audit clients. <\/p>\n<p class=\"c-paragraph paywall \">Next was statutory audits for non-public interest entities (PIEs) at just more than \u20ac199 million. Audit and related services provided to PIE companies amounted to \u20ac19.7 million while revenues from non-audit services to audit clients came in at just over \u20ac37 million. <\/p>\n<p class=\"c-paragraph paywall \">These figures included expenses and disbursements on clients, including certain amounts recharged by other EY member firms. <\/p>\n<p class=\"c-paragraph paywall \">The firm said it achieved growth across all of its service lines last year \u2013 assurance, consulting, tax and law, and strategy and transactions \u2013 despite continuing geopolitical uncertainty impacting the global trading environment. <\/p>\n<p class=\"c-paragraph paywall \">Its offices in Dublin, Belfast, Cork, Galway, Limerick and Waterford also all reported fee income growth in the year. EY opened its seventh office location in Derry in May 2025. <\/p>\n<p class=\"c-paragraph paywall \">Commenting on EY Ireland\u2019s results, Frank O\u2019Keeffe, its managing partner, said: \u201cThis performance underscores our position as the largest and fastest-growing professional services firm on the island of Ireland.\u201d<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2025\/10\/16\/ey-revenue-rises-as-ai-consulting-offsets-slowdown-in-deal-work\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">EY revenue rises as AI consulting offsets slowdown in deal workOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">He said the firm was also incorporating artificial intelligence into its business model.  <\/p>\n<p class=\"c-paragraph paywall \">\u201cWe are embedding AI into how we serve our clients, how we run our business and how our people learn, unlearn and relearn. We are doing all of this as we continue to invest in our core service areas across assurance, consulting, tax and law and strategy and transactions.\u201d <\/p>\n<p class=\"c-paragraph paywall \">Globally, EY reported revenues of $53.2 billion (\u20ac46 billion) for the fiscal year ending June 2025, an increase of 4 per cent on the previous year. <\/p>\n","protected":false},"excerpt":{"rendered":"Big Four professional services firm EY grew its island of Ireland revenues by 9 per cent last year&hellip;\n","protected":false},"author":2,"featured_media":113547,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[40229,61,60,43],"class_list":["post-113546","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ireland","tag-ey","tag-ie","tag-ireland","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/113546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=113546"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/113546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/113547"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=113546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=113546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=113546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}