KPMG Luxembourg’s turnover reached €373 million in 2025, up 9% from the previous year, the consulting firm said on Tuesday.
The increase was due to a growth in the auditing arm of the company and “consistently strong” results in tax advisory services, the Big Four firm said in a statement.
KPMG added that the alternative funds business has more than doubled in the last five years, while asset management remains a cornerstone of the company’s success.
The banking and insurance sectors have strengthened, with sales growth of 50% in five years, KPMG said.
Just over 80% of employees told KPMG that they think Artificial Intelligence is increasing their productivity.
“I’m convinced that AI will help our people focus on what truly creates value, by removing repetitive, low-value-added tasks,” said David Capocci, managing partner at KPMG in Luxembourg.
“Far from replacing talent, AI empowers our teams to dedicate their energy to innovation, client trust, and building the future together,” he added.
(This article was originally published by Luxemburger Wort. Translated using AI, edited by Kate Oglesby.)
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