Roche

Most profitable companies in Europe: Switzerland, above all

Swiss companies are at the top of the list of the most profitable companies in Europe: Roche and Nestlé are in the Top 10, ranked first and third respectively, according to the EC consulting firm.

In the top 100 companies worldwide, there are eight Swiss groups: in addition to Roche – with an Ebit of €12.9 billion recorded in 2016 – and Nestlé we can find Novartis (12th place), ABB (69th), LafargeHolcim ( 72th), Richemont (88th), Swisscom (96th), and Syngenta (98th).

Between american companies, Apple has achieved operating profit of $ 60 billion last year, as equal as the five most profitable European companies.
According to the study, which considered the 600 (300 + 300) largest groups listed in Europe and the United States, 30% of American companies are on average more profitable than those of the Old Continent. Their operating margins last year were 12.7% (11.9% in 2015) compared with 9.8% (9.6% in 2015) for European companies.

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Roche: 100-million CHF investment in network research

Roche will launch a CHF 100 million ($100.1 million) global network of 21 academic centers focused on cancer immunotherapy R&D, as the it reported in the statement today.

This network, imCORE, brings together many of the world’s leading scientific and clinical experts in cancer immunotherapy to collaborate in investigating the most promising new treatment approaches.

In addition to new treatments, imCORE will work with Roche to develop diagnostic technologies and gather and apply emerging data, Roche said.

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