(L-R) Valeria Merkel, Head of Audit; Antoine Badot, Head of Tax; Annick Breton, Head of Consulting; David Capocci, Managing Partner; Credit: KPMG

On Thursday 16 January 2025, KPMG Luxembourg reported gross revenues of €343 million for 2024, a 7.25% increase on 2023’s results (€319 million).

Audit practices at the Big Four company contributed €176 million, with tax and advisory services recording revenues of €83.2 million and €83.5 million, respectively. This has helped the multinational professional services network achieve 50% growth in revenue over the last four years.

Commenting on the results, Managing Partner at KPMG Luxembourg, David Capocci, said: “Agility is at the heart of KPMG Luxembourg's strategy to be the most trusted professional services firm. We are committed to evolving, staying sharp, and adapting to meet our clients' ever-changing needs, providing them with a competitive edge. This dedication enhances client experience and fosters long-term satisfaction and loyalty.”

KPMG Luxembourg employs 1,890 people at its operations in the Grand Duchy.