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PwC posts flat result of $2.6b, limits staff cuts to 250

Edmund Tadros

PwC has posted flat results of $2.6 billion revenue for financial 2020, retaining its place as Australia's largest consultancy despite the COVID-19 pandemic hitting business in its financial advisory and consulting business.

Chief executive Tom Seymour said the current business environment was "unpredictable and impacted by a health pandemic" but that he was confident PwC was resilient enough to emerge in a stronger position once the pandemic had passed.

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Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au

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    Original URL: https://www.afr.com/companies/professional-services/pwc-posts-flat-result-of-2-6b-limits-staff-cuts-to-250-20200803-p55i3b