The Latin 500 Ranking


Oil companies once more lead the ranking

7 julio 2015

By David Ramirez  
The sour performance of Latin Trade’s 500 in 2014 –the ranking of Latin America’s 500 largest non-financial firms in US-dollar revenue terms– reflects the hurdles faced by the region’s businesses last year.   
While total revenue dropped 7 percent in the period, to $2.54 trillion, profits plunged 46 percent, to $82.3 billion, EBITDA (earnings before interests, taxes, depreciation and amortization) declined 6 percent, to $253 billion, and total assets reached $2.99 trillion.  
There were several changes in the ranking, but the top three places remained occupied by energy-sector giants PDVSA, Petrobras and Pemex. The three corporations combined posted $363 billion revenue, 2 percent down from 2013–a moderate decline vis-a-vis the sizeable drop in world oil prices.  
The energy sector as a whole (which accounted for a third of the ranking’s total revenue) experienced average revenue growth of 3 percent last year, totaling $775.8 billion, while profits contracted by an average of 15 percent, reaching $2.9 billion. Larger firms, such as Argentina’s YPF saw their revenue and profits soar 20 and 34 percent, helped by domestic sales of oil derivatives, whereas those dedicated exclusively to exploration suffered the most, as in the case of Ecopetrol (Colombia), whose revenue and earnings plunged by 20 and 54 percent.  
Retailers’ revenue fell by an average of 5 percent last year, to $313.8 billion, reflecting …

Inicia sesión para leer la historia
Suscríbete a la revista latin trade
Haz clic aquí para comenzar la suscripción a Latin Trade Magazine, disponible tanto en versión impresa como virtual.
Suscríbete a lt.com
Haz clic aquí para comenzar la suscripción virtual a LT.com, con sus estensos rankings, indicadores e inteligencia de mercados en América Latina.
Suscríbete gratis a boletines
Subscríbete aquí a nuestro boletín gratuito- accediendo a los últimos titulares de negocios de América Latina en tu bandeja de correo.
LOGIN
FOR READ MORE LOGIN
LOGIN
LOGIN
Forgot your password
SEND
PARA LEER MAS
Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum, nec sagittis sem nibh id elit. Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio. Sed non mauris vitae erat consequat auctor eu in elit.Aenean sollicitudin, lorem quis bibendum auctor, nisi elit consequat ipsum, nec sagittis sem nibh id elit. Duis sed odio sit amet nibh vulputate cursus a sit amet mauris. Morbi accumsan ipsum velit. Nam nec tellus a odio tincidunt auctor a ornare odio. Sed non mauris vitae erat consequat auctor eu in elit.
Read the current issue of Latin Trade Magazine

Acceso Denegado

Por favor inicie sesión o registrese

Lea Nuestra Última Edición

FOLLOW US