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Revenue up 14 percent to 250.6 million euros | Strong growth in all business areas | Global revenue growth of eight percent to 5.6 billion US dollars
Düsseldorf, May 15, 2025 - The international consulting and audit firm Baker Tilly has once again significantly increased its revenue in Germany, rising by 14 percent to EUR 250.6 million in the past financial year. This consistently successful development spans all business areas. There are now 1,680 employees at the ten German locations. Globally, sales increased by almost eight percent to 5.6 billion US dollars - with 3,480 partners and over 43,500 employees at 698 locations in 143 countries.
Companies are faced with a challenging economic environment, high market volatility and regulatory uncertainty. Thanks to early strategic decisions, targeted investments and its integration into a strong global network, Baker Tilly in Germany is ideally positioned to provide clients with successful business, legal and tax advice. On this basis, the consulting and auditing firm has been able to record continuous growth through the acquisition of new and the expansion of existing clients and continues to anticipate very positive growth prospects for the current financial year. The framework for further growth was created with the “Baker Tilly Vision”, which focuses on topics such as organizational structure, client focus, service portfolio, market development, megatrends, corporate culture and employees.
International projects for the upper SME sector as a growth driver This growth is driven in particular by the internationally active, high-end German SME sector. As a result, the requirements in both consulting and auditing are also increasing in terms of complexity and internationality: “The need for support from trustworthy, internationally positioned consultants and auditors of the highest quality is constantly increasing – across all business areas and sectors. Therefore, the firm integration into our global network and its future-oriented further development remains a key factor for our economic success,” says Ralf Gröning who, in addition to his role as Managing Partner in Germany, is also a member of the Baker Tilly International Executive Committee and the International Board.
Audit & Advisory: Audit and audit-related advisory with equally strong growth In addition to the positive development of the audit sector as a whole, the growth in the Audit & Advisory division is primarily attributable to audit-related advisory topics such as Deal Advisory, ESG, Financial Services and IT & Controls Assurance (ITCA): “In order to meet the constantly increasing demand in the market, we are focusing on the development of young talent and the further digitalization of audit and back-office processes. Our strategy in the Audit & Advisory division with the four dimensions of growth, quality, innovation and talent works out very well,” says Prof. Dr. Thomas Edenhofer, Managing Partner of the Audit & Advisory division. The use of AI-supported solutions enables enormous efficiency gains and further quality improvements, especially in the audit of management reports and notes. The Audit & Advisory division expects significant growth impetus for the future, particularly through the expansion of international audits as well as CFO services, capital markets services and cybersecurity.
Tax advice: specialization as the key to success In the area of tax advice, Baker Tilly is driving forward a holistic growth strategy through the consistent specialization of its services: “In addition to the further development as a multidisciplinary consultancy, we will focus even more on our clients’ specific tax-related issues in the sense of a ‘tax boutique’. In concrete terms, this means that we will put together even more individual teams of experts for increasingly complex tax challenges,” says Oliver Hubertus, Managing Partner Tax. The further expansion of international business - above all US tax – plays an important role in this respect. “Companies and organizations must react to current political developments with maximum flexibility. Accordingly, the need for advice is enormous,” says Hubertus. Other growth areas in tax consulting include managed services, tax advice along the entire supply chain, corporate succession, global mobility as well as tax support and optimization of corporate transactions.
Growth in legal advice driven by overall economic development Legal advice is experiencing increased demand, particularly in the areas of restructuring, reorganization and insolvencies, as well as in related areas such as employment law, transaction advice and distressed M&A. “When companies have liquidity problems, complex legal issues arise. This calls for an integrated approach that combines legal expertise with economic efficiency. We can meet this requirement exactly with our set-up,” says Dr. Thomas Gemmeke, Managing Partner Legal. The need for advice is also increasing in the areas of foreign trade law/customs, compliance/data protection and public procurement law. Last but not least, internationally induced business via the Baker Tilly Legal Network has continued to gain in importance.
Cooperation with Freie Genossenschaftsverband e.V. (FGV) as a growth driver The far-reaching cooperation with the Freie Genossenschaftsverband e.V. (FGV), which was only initiated last year, is developing into another strong growth driver: This close cooperation also enables Baker Tilly to offer cooperatives comprehensive consulting and auditing services throughout Germany. The focus is on credit cooperatives as well as goods and services cooperatives: “This is a unique step for the sector in Germany. For the first time, cooperatives can benefit from the proven audit approach and comprehensive advisory services of an established consulting and auditing firm,” explains Prof. Dr. Edenhofer.
Media contact Frank Schröder Director Market ServicesTel.: +49 211 6901-1200
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