Germany's Adidas is one of the few growth champions in the Multinational Index.
The revenue of the 24 largest international companies operating in the region reached $169.7 billion in 2015, down 14 percent from the $197 billion in 2014, according to Latin Trade’s Multinational Index for the fourth-quarter and whole year 2015.
Almost all companies in the index saw their revenues fall last year, which saw the region hit by falling oil prices and a slowdown in China’s economy, among other more local factors for each country.
But there are growth champions, such as Spain’s Gas Natural Fenosa, with revenues reaching $10.2 billion, up from $8.2 billion in 2014.
Other successful growth stories are Germany’s Adidas, French retailer Carrefour and Luxembourg’s telecom company Millicom.
To view and download the full 2015 and fourth-quarter 2015 indices, click on the link below:
Subscribe to latin trade magazine
Click here to begin a subscription for Latin Trade magazine, available both in print and online.
Subscribe to lt.com
Click here to begin an online subscription to LT.com, with its extensive ranking, indices, and market intelligence on Latin America.
Subscribe to free Newsletter
Subscribe here to our free newsletter – getting the latest business headlines from Latin America in your inbox every day.
By Jerry Haar and Krystal Rodriguez
The dictionary definition of crucible is “an extremely …
Latin America is at the crossroads of a new economic paradigm. The region can no longer depend …