Profits fall at Big Four accountant KPMG despite revenue increasing to £2.4bn
An active year for mergers and acquisitions helped Big Four accountant KPMG to boost revenues by 3%, but the company was hit by a drop in profits.
The company, which has 23 offices across the UK, has announced financial figures for the year ended September 30, in which overall revenues rose from £2.34bn to £2.40bn.
The firm said a busy M&A and restructuring market fuelled the firm’s deal…
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