“The resilience and agility inherent in our multidisciplinary approach have once again paved the way for sustained growth,” said Deloitte Luxembourg’s managing partner John Psaila in a press release on 30 November 2023 marking the publication of the firm’s annual results. From left to right: Patrick Laurent (advisory & consulting Leader), John Psaila (CEO, managing partner), Christiane Chadoeuf (audit & assurance leader), Bernard David (tax leader) and Pierre Masset (operations leader). Photo: Eric Devillet/Deloitte

“The resilience and agility inherent in our multidisciplinary approach have once again paved the way for sustained growth,” said Deloitte Luxembourg’s managing partner John Psaila in a press release on 30 November 2023 marking the publication of the firm’s annual results. From left to right: Patrick Laurent (advisory & consulting Leader), John Psaila (CEO, managing partner), Christiane Chadoeuf (audit & assurance leader), Bernard David (tax leader) and Pierre Masset (operations leader). Photo: Eric Devillet/Deloitte

Deloitte Luxembourg saw a 14% increase in its gross revenues, which reached €462m for financial year 2023.

Deloitte Luxembourg on 30 November published its 2023 impact report and its annual results. The company reported a 14% increase in its firmwide gross revenues, which reached €462m in 2023. This is up from €405m euros for the 2022 financial year.

“The resilience and agility inherent in our multidisciplinary approach have once again paved the way for sustained growth,” said Deloitte Luxembourg’s managing partner and CEO in a press release. “As we look to the future, the vast opportunities presented by digitalisation, coupled with our intensified focus on innovation--particularly in the realm of GenAI--are set to offer fresh perspectives that will significantly enhance our impact.”

The company’s three business lines all saw growth, noted the press release: audit & assurance went up by 16%, advisory & consulting by 17%, and tax by 9%.

Deloitte’s press release also highlighted the in June 2023, which aims to fund community projects in Luxembourg and the greater region.