CBIZ predicts revenue growth of 7-9% for 2013

February 14, 2013

CBIZ predicts revenue growth of 7-9% for 2013

Kreston’s USA member CBIZ has published its full year results for 2012 reported total fee revenues of US$766m an increase of 4% over the prior year.
Steven Gerard, CBIZ Chairman and CEO stated:

“Throughout 2012, we have seen an improving environment for our business, and this trend continued in the fourth quarter, with all of our core businesses reporting revenue growth. During 2012, we continued to make investments in each of our businesses that are expected to enhance our future growth prospects. Going into 2013, we expect stronger growth in revenue than we achieved in 2012, while continuing our strategic acquisition and investment program.” In 2013 CBIZ expects total revenue to grow within a range of 7% – 9%.

CBIZ is associated with fellow Kreston member, Mayer Hoffman McCann P.C. (MHM), a national, independent CPA firm which provides audit and attest services. Whilst MHM provides audit and attest services, CBIZ is one of the USA’s leading Accounting Providers, Employee Benefits Specialists, Property & Casualty Brokerage and Risk Consulting Firms, Valuation firms, Medical Management practice firms and Retirement Plan service providers. With over 5,000 professional and support staff throughout the USA, CBIZ and MHM serve both public and private sector organisations as well as individual clients offering the highest calibre expertise combined with a highly personalised level of service delivered at the local level.

Together, CBIZ and MHM rank as the seventh largest accounting provider in the US.