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I am proud to say that we managed a very smooth transition from the previous to the new leadership and minimised any loss of momentum from a leadership change.
Also, as you can read in this Annual Review, we managed to strengthen our Governance in ensuring a robust diversity in our leadership bodies. Our financial year, which spanned from 1 July to 30 June , was one characertised by inflation and its impact, leading to uncertainty. Geopolitical tensions, vulnerable supply chains and rising energy prices are three contributing factors. More recently, the annual inflation rate in the Euro Area was revised lower to 5. Explore more.
No firm can be sustainable and successful in the long term without strong principles of governance, values and internal controls. In this section, we report on the six most important dimensions to us as PwC Luxembourg:. Governance is the foundation of how we build that trust and continued long-term value with all our stakeholders.
Our Purpose and Values are the foundation of our success. We are committed to building trust with all of our stakeholders and delivering quality in the marketplace, which translates into sustained outcomes.