Remaco announces Financial Results of Nexia International for 2020 showing a 5% rise in global revenue to USD 4.5 billion, despite COVID-19

Nexia International (Nexia), the ninth largest global network of independent accounting and consulting firms, is delighted to report its financial results for 2020: Nexia’s total fee income was USD 4.5bn across the network – an increase of 5% on 2019.

This increase in global revenue is a result of consistent organic growth across the network in every region, though the LATAM region performed particularly well due to the admission of several new firms. Throughout 2020, Nexia continued to expand its global presence by welcoming new member firms in Albania, Egypt, New Zealand, Sweden, Kenya, Cambodia, Canada, Oman, Gabon, Algeria and Argentina.

Commenting on the results, Kevin Arnold, CEO of Nexia International, says: “Despite the COVID pandemic, we have continued to deliver value to our member firms and our firms to their clients. This global revenue increase shows the strength and consistent growth of the network and ends the year on a positive note.“

Pascal Böni, CEO of Remaco, is pleased about the development of Nexia International: “We are happy to be part of this dynamic and growing global independent network of accounting and consulting firms. Nexia allows us to provide advisory, audit and tax services to our clients on a global and high quality basis, clearly differentiating us from other Swiss finance boutiques.”

 For any questions relating to this alert, please contact Dr. Pascal Böni, Remaco, member of Nexia International, at pascal.boeni@remaco.com. 

For more information on Remaco, please visit www.remaco.com. Information about Nexia International may be retrieved from www.nexia.com/about-us/.