Horváth, a leading global management consulting company, today announced a significant milestone in its latest financial year (April 1, 2023 to March 31, 2024) by exceeding 300 million euros ($322 million) in sales for the first time. Along with continued growth of over 13%, this trend outperformed the market and follows a remarkable 23% growth for Horváth in the post-pandemic previous year.
Continued expansion into international markets, including the United States and North America, played a pivotal role in driving growth alongside growing operations in the European Union, Central Europe, the United Arab Emirates and other areas in the Middle East. This international push underscores Horváth’s strategic decision to tap into new markets and meet the growing demand for transformation services from global companies.
“Our expansion into the U.S. and North America, particularly in our core offerings around ERP transformation, risk management and performance management, serves as a testament to our commitment to meeting the evolving needs of our clients globally,” said Tony Klimas, president of Horváth USA. “This strategic decision fuels not only our growth but also our ability to deliver sustainable value and transformative solutions to our clients anywhere in the world.”
The company’s ambitious plans for the upcoming financial year (2024/2025) also reflect its confidence in sustained double-digit growth, fueled by its strengthened management team. The addition of five new partners, hailing from Germany, Hungary, Romania, and the Middle East, further bolsters Horváth’s global presence and supports continued growth despite the strong economic headwinds faced by all.
“The fact that we have grown by a total of 40 percent in the Group over the past two years, which is well above the industry average, is due not only to the exceptional commitment of our highly motivated teams on a daily basis, but above all to our highly sought-after…
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