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.