EY Portugal, Angola, and Mozambique plans to double in size by 2030, with technology as the engine of growth, according to CEO Miguel Farinha. The firm grew 8.5% in FY2024, fueled primarily by tech consulting, as well as legal, audit, and strategy services.
EY sees strong demand for support in digital transformation, AI, and platforms like SAP and Microsoft. The firm is preparing to offer AI system audits “soon,” anticipating growing client needs and regulatory demands. EY Law, launched recently, is also gaining traction in Portugal.
While global economic uncertainty is slowing M&A-related consulting, EY remains confident in its growth plan and sees opportunities among both large enterprises and internationalizing SMEs. According to Farinha, scale and technological investment will become increasingly critical — and market consolidation among audit firms is likely.
“We want to double EY's size in the next five years, and we’re laser-focused on technology, legal, and strategy,” said Farinha.
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