Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 100 European Companies
Both consumer cyclical and defensive sector accounted for 20% of LTM sales, followed by industrials and financial services (~16% revenue share). In line with market share, financial services also supplement growth, with LTM sales expanding by 28%, followed by consumer sector (18-19%) and industrials (16%). International Consolidated Airlines (179%), Koc Holding (160%), and Orlen (111%) were the fastest growing European companies in the last fiscal year.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period]
| Sector | Company | HQ | Industry | Latest | LTM | year-on-year % | CAGR | ||||||||
| FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | ||||||
| Basic Materials | Holcim Ltd | CHE | Building Materials | 2023-12 | 30.07 | na | -3.9% | na | -7.5% | -7.5% | 0.3% | 5.3% | -0.3% | ||
| Basf SE | DEU | Chemicals | 2023-09 | 77.34 | -28.3% | -26.4% | -22.0% | -17.6% | 11.1% | 21.5% | 13.8% | 7.4% | |||
| LyondellBasell Industries NV | NLD | Chemicals | 2023-12 | 41.11 | -2.7% | -8.5% | -17.3% | -18.5% | -18.5% | -5.6% | 14.0% | 1.1% | |||
| Air Liquide SA | FRA | Chemicals | 2023-06 | 31.14 | na | -1.6% | na | 11.3% | 28.3% | 20.9% | 10.9% | 8.0% | |||
| Glencore PLC | CHE | Metals & Mining | 2023-12 | 214.49 | na | -12.6% | na | -17.5% | -18.1% | 6.0% | 17.6% | -0.2% | |||
| ArcelorMittal SA | LUX | Steel | 2023-12 | 68.58 | -16.3% | -17.6% | -17.8% | -16.5% | -16.9% | -3.9% | 12.7% | -1.3% | |||
| Communication Services | Deutsche Telekom AG | DEU | Telecommunication Services | 2023-09 | 119.10 | -4.7% | -3.5% | -2.8% | -1.4% | 5.8% | 6.8% | 12.3% | 8.7% | ||
| Orange SA | FRA | Telecommunication Services | 2023-12 | 47.75 | na | 1.8% | na | 1.5% | 1.5% | 1.9% | 1.4% | 1.3% | |||
| Telefonica SA | ESP | Telecommunication Services | 2023-12 | 44.00 | -0.5% | -0.3% | 0.1% | 1.6% | 1.6% | 1.7% | -1.9% | -3.5% | |||
| Consumer Cyclical | Lvmh Moet Hennessy Louis Vuitton SE | FRA | Retail - Cyclical | 2023-12 | 93.25 | na | 3.4% | na | 8.8% | 8.8% | 15.8% | 24.5% | 13.0% | ||
| Christian Dior SE | FRA | Retail - Cyclical | 2023-06 | 88.79 | na | 15.0% | na | 17.2% | 23.3% | 33.2% | 13.8% | 12.6% | |||
| Industria De Diseno Textil SA | ESP | Retail - Cyclical | 2023-10 | 19.34 | na | 15.1% | na | 5.1% | 17.5% | 26.3% | 4.8% | 5.2% | |||
| Volvo Car AB | SWE | Vehicles & Parts | 2023-09 | 37.15 | 16.0% | 28.9% | 28.9% | 29.6% | 17.1% | 12.1% | 6.4% | na | |||
| Volkswagen AG | DEU | Vehicles & Parts | 2023-09 | 332.90 | 11.6% | 13.4% | 15.9% | 16.9% | 11.6% | 11.9% | 3.4% | 4.0% | |||
| Stellantis NV | NLD | Vehicles & Parts | 2023-12 | 206.00 | na | 2.5% | na | 8.4% | 8.6% | 10.6% | 52.8% | 10.5% | |||
| Mercedes-Benz Group AG | DEU | Vehicles & Parts | 2023-09 | 164.56 | -1.4% | 1.7% | 3.6% | 6.7% | 12.0% | 11.0% | -4.6% | -1.8% | |||
| Bayerische Motoren Werke AG | DEU | Vehicles & Parts | 2023-09 | 162.53 | 3.4% | 5.2% | 9.2% | 15.6% | 28.2% | 20.0% | 11.0% | 7.7% | |||
| Renault SA | FRA | Vehicles & Parts | 2023-06 | 54.67 | na | 27.3% | na | 25.1% | 11.4% | 3.3% | -5.8% | -4.6% | |||
| Continental AG | DEU | Vehicles & Parts | 2023-09 | 44.11 | -1.5% | 4.2% | 6.4% | 8.8% | 16.7% | 11.2% | -4.0% | -2.2% | |||
| Michelin | FRA | Vehicles & Parts | 2023-06 | 30.80 | na | 5.9% | na | 13.5% | 20.2% | 18.2% | 5.8% | 5.4% | |||
| Forvia SE | FRA | Vehicles & Parts | 2023-12 | 29.49 | na | 2.1% | na | 10.9% | 10.9% | 32.1% | 23.6% | 9.2% | |||
| Consumer Defensive | Anheuser-Busch InBev SA/NV | BEL | Beverages - Alcoholic | 2023-12 | 59.63 | -4.2% | -4.2% | -2.9% | 0.0% | -0.2% | 6.4% | 12.2% | 3.2% | ||
| Heineken NV | NLD | Beverages - Alcoholic | 2023-12 | 32.86 | na | 4.0% | na | 5.7% | 5.7% | 17.6% | 15.5% | 6.2% | |||
| Heineken Holding NV | NLD | Beverages - Alcoholic | 2023-12 | 32.86 | na | 4.0% | na | 5.7% | 5.7% | 17.6% | 15.5% | 6.2% | |||
| Nestle SA | CHE | Consumer Packaged Goods | 2023-12 | 103.92 | na | -4.4% | na | -1.5% | -1.5% | 3.3% | 3.3% | 0.3% | |||
| L'Oreal SA | FRA | Consumer Packaged Goods | 2023-06 | 42.43 | na | 12.0% | na | 14.1% | 18.5% | 16.9% | 8.6% | 8.0% | |||
| Danone SA | FRA | Consumer Packaged Goods | 2023-06 | 29.88 | na | 6.3% | na | 10.6% | 13.9% | 8.2% | 3.0% | 2.2% | |||
| Koninklijke Ahold Delhaize NV | NLD | Retail - Defensive | 2023-12 | 95.95 | -1.4% | -1.8% | -0.3% | 1.9% | 1.9% | 8.3% | 5.9% | 7.1% | |||
| Carrefour | FRA | Retail - Defensive | 2023-06 | 90.29 | na | 7.9% | na | 14.5% | 15.8% | 7.3% | 3.9% | 0.7% | |||
| X5 Retail Group NV | NLD | Retail - Defensive | 2023-09 | 38.55 | -23.1% | -15.5% | 0.9% | 10.1% | 42.7% | 26.6% | 15.0% | 13.6% | |||
| Rallye SA | FRA | Retail - Defensive | 2023-06 | 35.65 | na | 0.0% | na | 107.9% | 9.5% | 2.3% | -1.3% | -2.6% | |||
| Casino Guichard-Perrachon SA | FRA | Retail - Defensive | 2023-12 | 9.80 | na | 0.8% | na | -6.2% | -6.2% | -46.0% | -34.7% | -23.6% | |||
| METRO AG | DEU | Retail - Defensive | 2023-09 | 32.65 | -1.1% | -2.3% | 1.3% | 2.7% | 2.7% | 11.1% | 6.0% | 2.7% | |||
| Jeronimo Martins SGPS SA | PRT | Retail - Defensive | 2023-09 | 31.47 | 22.0% | 21.5% | 22.1% | 22.3% | 21.5% | 14.7% | 10.8% | 9.3% | |||
| Energy | PJSC Lukoil | RUS | Oil & Gas | 2023-09 | 34.11 | 37.8% | -0.3% | -11.6% | -18.4% | 20.3% | -25.6% | -27.1% | -12.1% | ||
| Equinor ASA | NOR | Oil & Gas | 2023-12 | 107.44 | -9.0% | -24.8% | -26.6% | -21.5% | -23.4% | 18.9% | 41.4% | 10.7% | |||
| Orlen SA | POL | Oil & Gas | 2023-09 | 83.68 | 3.4% | 14.8% | 47.8% | 66.6% | 111.3% | 79.5% | 35.6% | 23.8% | |||
| TotalEnergies SE | FRA | Oil & Gas | 2023-12 | 219.88 | -16.8% | -19.7% | -22.8% | -19.0% | -19.2% | 10.8% | 26.8% | 4.4% | |||
| Eni SpA | ITA | Oil & Gas | 2023-12 | 101.43 | -21.9% | -31.8% | -33.7% | -29.3% | -29.3% | 10.6% | 28.7% | 4.3% | |||
| Repsol SA | ESP | Oil & Gas | 2023-12 | 80.68 | -17.2% | -20.2% | -24.8% | -22.4% | -21.6% | 8.9% | 21.0% | 3.4% | |||
| OMV AG | AUT | Oil & Gas | 2023-09 | 46.95 | -44.9% | -42.3% | -38.4% | -28.2% | 75.2% | 94.0% | 38.5% | 25.2% | |||
| Financial Services | BNP Paribas | FRA | Banks | 2023-12 | 64.65 | 7.4% | 6.3% | 4.6% | 3.9% | 3.9% | 3.0% | 4.5% | 2.8% | ||
| Banco Santander SA | ESP | Banks | 2023-12 | 61.49 | 8.1% | 9.4% | 9.6% | 9.5% | 10.4% | 11.2% | 8.6% | 3.8% | |||
| UBS Group AG | CHE | Banks | 2023-12 | 39.35 | 21.1% | 22.9% | 18.5% | 11.4% | 8.2% | 2.3% | 5.8% | 2.6% | |||
| Banco Bilbao Vizcaya Argentaria SA | ESP | Banks | 2023-12 | 35.46 | 14.6% | 18.1% | 16.8% | 19.9% | 19.1% | 20.6% | 14.5% | 7.2% | |||
| Deutsche Bank AG | DEU | Banks | 2023-09 | 30.28 | 4.9% | 8.6% | 7.4% | 6.7% | 5.3% | 5.5% | 5.0% | 0.7% | |||
| Societe Generale SA | FRA | Banks | 2023-12 | 34.08 | 34.3% | 23.8% | 23.8% | 23.8% | 22.9% | 10.6% | 11.5% | 5.5% | |||
| Intesa Sanpaolo | ITA | Banks | 2023-09 | 26.58 | 26.2% | 23.9% | 21.0% | 19.1% | 2.6% | 1.1% | 6.2% | 0.3% | |||
| Allianz SE | DEU | Insurance | 2023-09 | 176.87 | -2.8% | 45.0% | 34.1% | 10.0% | -3.9% | 0.9% | 0.4% | 1.2% | |||
| AXA SA | FRA | Insurance | 2023-06 | 110.79 | na | 43.2% | na | 32.4% | -16.7% | -4.9% | -9.3% | -6.2% | |||
| Assicurazioni Generali | ITA | Insurance | 2023-09 | 0.00 | na | na | na | na | -21.7% | -3.3% | -6.3% | -1.1% | |||
| Munich Re | DEU | Insurance | 2023-09 | 75.44 | -1.2% | -0.4% | 4.0% | 16.4% | 7.2% | 8.0% | 6.0% | 4.4% | |||
| Zurich Insurance Group AG | CHE | Insurance | 2023-06 | 64.99 | na | 173.9% | na | 37.2% | -39.7% | -14.1% | -18.2% | -9.4% | |||
| Chubb Ltd | CHE | Insurance | 2023-12 | 49.83 | 13.6% | 14.4% | 16.0% | 15.7% | 15.7% | 10.4% | 11.4% | 8.8% | |||
| Talanx AG | DEU | Insurance | 2023-09 | 46.90 | 6.3% | 18.5% | 14.4% | 41.5% | 13.6% | 11.9% | 8.9% | 8.7% | |||
| Swiss Re AG | CHE | Insurance | 2023-06 | 46.77 | na | 0.5% | na | 1.3% | 1.4% | 5.0% | -3.9% | 0.5% | |||
| Hannover Rueck SE | DEU | Insurance | 2023-09 | 31.74 | -15.4% | -11.9% | -12.3% | 8.5% | 21.4% | 16.8% | 13.6% | 12.7% | |||
| Swiss Life Holding AG | CHE | Insurance | 2023-06 | 29.30 | na | 419.8% | na | 128.0% | -3.8% | -1.0% | -4.2% | 2.7% | |||
| Healthcare | Novo Nordisk A/S | DNK | Biotechnology | 2023-12 | 33.72 | 37.0% | 33.0% | 32.6% | 31.3% | 31.3% | 28.4% | 22.3% | 15.7% | ||
| Roche Holding AG | CHE | Drug Manufacturers | 2023-12 | 67.29 | na | -6.5% | na | -8.2% | -8.2% | -1.9% | 1.2% | 1.2% | |||
| Bayer AG | DEU | Drug Manufacturers | 2023-09 | 51.07 | -8.3% | -11.3% | -7.7% | -4.2% | 15.1% | 10.7% | 5.2% | 7.7% | |||
| Sanofi SA | FRA | Drug Manufacturers | 2023-12 | 50.27 | na | 1.2% | na | 2.3% | 2.3% | 8.9% | 7.5% | 5.4% | |||
| Novartis AG | CHE | Drug Manufacturers | 2023-12 | 51.02 | -0.3% | 1.7% | 0.6% | 1.1% | -0.3% | -0.2% | -3.1% | -2.5% | |||
| Fresenius SE & Co KGaA | DEU | Healthcare Providers & Services | 2023-09 | 54.60 | 2.5% | 3.1% | 3.9% | 45.6% | 8.8% | 6.1% | 4.9% | 3.8% | |||
| Essilorluxottica | FRA | Medical Devices & Instruments | 2023-12 | 27.49 | na | 0.4% | na | 3.7% | 3.7% | 13.2% | 20.7% | 18.6% | |||
| Industrials | Airbus SE | NLD | Aerospace & Defense | 2023-09 | 67.56 | 11.9% | 17.9% | 11.7% | 14.7% | 12.7% | 8.5% | -5.9% | -0.1% | ||
| Randstad NV | NLD | Business Services | 2023-12 | 27.52 | -11.8% | -11.5% | -9.7% | -7.8% | -7.8% | 1.6% | 7.1% | 1.3% | |||
| Adecco Group AG | CHE | Business Services | 2023-09 | 25.65 | -1.8% | -2.9% | -0.5% | 1.4% | 7.0% | 5.0% | -3.0% | -3.3% | |||
| Koc Holding AS | TUR | Conglomerates | 2023-09 | 54.75 | 51.7% | 33.9% | 37.0% | 48.2% | 160.1% | 121.5% | 80.4% | 55.6% | |||
| Poste Italiane SpA | ITA | Conglomerates | 2023-09 | 38.17 | 9.9% | 1.4% | 7.1% | 84.1% | 0.5% | 3.2% | -0.9% | -0.9% | |||
| BayWa AG | DEU | Conglomerates | 2023-09 | 27.31 | -21.8% | -14.2% | -9.7% | -3.0% | 36.2% | 28.0% | 16.8% | 11.1% | |||
| Vinci SA | FRA | Construction | 2023-12 | 75.64 | na | 10.0% | na | 11.8% | 11.8% | 18.0% | 16.6% | 9.5% | |||
| Bouygues | FRA | Construction | 2023-09 | 59.32 | 32.0% | 34.3% | 37.6% | 39.5% | 17.9% | 13.0% | 5.3% | 6.1% | |||
| Compagnie de Saint-Gobain SA | FRA | Construction | 2023-06 | 53.12 | na | -2.1% | na | 6.7% | 15.9% | 15.9% | 6.3% | 4.6% | |||
| Hochtief AG | DEU | Construction | 2023-09 | 29.35 | 2.3% | 2.8% | 6.5% | 10.2% | 22.6% | 6.9% | 0.5% | 3.0% | |||
| Volvo AB | SWE | Farm & Heavy Construction Machinery | 2023-12 | 52.05 | 10.3% | 12.6% | 14.4% | 16.7% | 16.7% | 21.9% | 17.8% | 7.2% | |||
| EXOR NV | NLD | Farm & Heavy Construction Machinery | 2023-06 | 46.68 | na | 14.4% | na | 23.1% | 24.5% | 25.0% | -33.7% | -21.3% | |||
| Siemens AG | DEU | Industrial Products | 2023-09 | 83.12 | 4.0% | 4.8% | 7.6% | 8.0% | 8.0% | 11.8% | 12.1% | -1.3% | |||
| thyssenkrupp AG | DEU | Industrial Products | 2023-12 | 39.72 | -9.3% | -13.2% | -12.9% | -10.8% | -8.8% | 5.0% | 9.1% | -2.0% | |||
| Schneider Electric SE | FRA | Industrial Products | 2023-12 | 38.86 | na | 0.9% | na | 5.1% | 5.1% | 11.4% | 12.6% | 6.9% | |||
| ABB Ltd | CHE | Industrial Products | 2023-12 | 32.20 | -2.2% | -1.4% | 0.5% | 3.3% | 1.6% | 2.3% | 6.3% | 0.3% | |||
| A. P. Moller Maersk A/S | DNK | Transportation | 2023-12 | 51.24 | -35.9% | -44.3% | -43.3% | -39.0% | -39.0% | -7.4% | 12.8% | 6.3% | |||
| DHL Group | DEU | Transportation | 2023-09 | 89.98 | -19.3% | -17.8% | -14.5% | -10.5% | 15.5% | 19.0% | 14.2% | 9.3% | |||
| Deutsche Lufthansa AG | DEU | Transportation | 2023-09 | 39.45 | 7.7% | 12.1% | 18.4% | 30.1% | 94.9% | 55.3% | -3.5% | -1.6% | |||
| Air France-KLM | FRA | Transportation | 2023-09 | 31.79 | 6.7% | 9.9% | 17.4% | 23.4% | 84.4% | 54.3% | -1.0% | 0.4% | |||
| Kuehne + Nagel International AG | CHE | Transportation | 2023-09 | 29.38 | -45.5% | -44.2% | -40.7% | -35.1% | 20.1% | 39.0% | 23.2% | 16.2% | |||
| International Consolidated Airlines Group | ESP | Transportation | 2023-06 | 14.23 | na | 18.9% | na | -1.4% | 179.2% | 68.5% | -2.5% | -0.1% | |||
| Veolia Environnement SA | FRA | Waste Management | 2023-06 | 47.64 | na | 12.7% | na | 29.6% | 50.4% | 28.4% | 16.4% | 11.6% | |||
| Real Estate | Fonciere Euris SA | FRA | Real Estate | 2023-06 | 35.25 | na | 0.0% | na | 109.0% | 10.0% | 2.6% | -1.0% | -2.6% | ||
| Technology | Telefonaktiebolaget L M Ericsson | SWE | Hardware | 2023-12 | 24.80 | -16.4% | -11.5% | -7.2% | -3.0% | -3.0% | 6.5% | 4.3% | 4.5% | ||
| ASML Holding NV | NLD | Semiconductors | 2023-12 | 29.83 | 12.5% | 13.9% | 18.0% | 30.2% | 30.2% | 21.7% | 25.4% | 20.3% | |||
| SAP SE | DEU | Software | 2023-12 | 33.78 | -10.1% | -4.0% | -1.4% | 1.1% | 1.1% | 5.9% | 4.5% | 4.8% | |||
| Utilities | E.ON SE | DEU | Utilities - Regulated | 2023-09 | 110.43 | -41.3% | -31.5% | -15.1% | -6.8% | 49.5% | 37.8% | 41.5% | 25.4% | ||
| Enel SpA | ITA | Utilities - Regulated | 2023-09 | 107.11 | -54.1% | -48.0% | -38.6% | -29.1% | 51.0% | 48.8% | 24.5% | 14.2% | |||
| Engie SA | FRA | Utilities - Regulated | 2023-12 | 89.36 | na | -29.9% | na | -12.0% | -12.0% | 19.5% | 23.1% | 7.7% | |||
| Iberdrola SA | ESP | Utilities - Regulated | 2023-12 | 53.40 | -24.3% | -21.8% | -19.0% | -8.6% | -8.6% | 12.3% | 14.2% | 7.1% | |||
| EnBW Energie Baden | DEU | Utilities - Regulated | 2023-09 | 54.73 | -35.4% | -27.4% | -12.2% | -3.2% | 74.2% | 68.6% | 42.3% | 20.6% | |||
| RWE AG | DEU | Utilities - Regulated | 2023-09 | 34.44 | -43.8% | -39.5% | -22.7% | -16.1% | 56.1% | 67.4% | 43.0% | 22.7% | |||
| Endesa SA | ESP | Utilities - Regulated | 2023-06 | 13.51 | na | -30.7% | na | -27.7% | 58.6% | 39.5% | 19.1% | 10.7% | |||
| Naturgy Energy Group SA | ESP | Utilities - Regulated | 2023-12 | 24.48 | na | -38.7% | na | -33.4% | -33.4% | 1.1% | 13.8% | -1.5% | |||
| Source: Annual Filings, Company Website | |||||||||||||||