Mazars reports record £174m fee income

Mid-tier firm Mazars has reported an 8.5% rise in overall fee income for the year ended 31 August 2017, marking its sixth successive year of growth.

The firm reported overall fee income had increased from £160m to £174m year on year, while operating profit was up 3% at £32m.

Mazars reported strong performance across all service lines, with significant growth in financial advisory, accounting and outsourcing (23%), and financial planning (18%).

The July 2016 acquisition of Corality, a global infrastructure, financial modelling and training business, also had a positive impact on revenues.