SeeNews TOP 100 SEE 2012 - SEE Top 100 - SeeNews

SEE TOP
industries
Oil & gas sector raises profi t in
2011, leads SEE industrial ranking
SEE industrial ranking 2011
2011 2010 Industry Total revenue 2011 Y/Y revenue change Net profit/loss 2011 Net profit/loss 2010
1 1 Petroleum/Natural Gas 41 219 24.48% 1 428 765
2 2 Electricity 14 443 13.89% 352.0 487.4
3 3 Wholesale/Retail 11 922 3.12% 178.5 255.1
4 4 Telecommunications 7 348 -3.02% 500.1 266.8
5 5 Metals 6 572 25.93% -122.2 -149.5
6 6 Automobiles 5 624 12.53% 115.1 123.2
7 8 Transportation 3 023 33.72% 149.0 -578.1
8 7 Food/Drinks/Tobacco 2 976 19.64% 75.3 45.7
9 9 Pharmaceuticals 1 616 5.60% 224.3 213.8
10 New ICT Equipment 1 553 -23.98% 0.9 28.7
11 10 Diversified Holdings 1 183 24.36% -19.9 -46.4
12 13 Agriculture 1 150 37.38% 3.3 -21.8
13 14 Rubber/Rubber Products 1 053 32.71% 57.2 58.1
14 11 Electronics 694.7 2.55% 7.3 2.9
15 12 Construction 589.8 -11.56% 57.0 23.4
The four leading industries in
terms of total annual revenue in
the SeeNews TOP 100 SEE ranking
remained unchanged for a third
year in a row.
Companies from the oil and gas sector kept
their leading position in the SEE Industrial
ranking in terms of total revenue for a fourth
year running. Twenty-eight companies from
the sector entered the TOP 100 companies
ranking. Their combined revenue rose by
24.5% to 41.2 billion euro in 2011.
The combined net profi t of the companies
operating in the oil and gas sector almost
doubled to 1.4 billion euro in 2011. The rise
can be attributed mainly to the favourable
crude oil prices and the improved operating
effi ciency of the companies in the industry, a
process which began in 2010 and continued
throughout last year.
The electricity sector ranked second with 18
representatives, the same number as in the
previous year. These companies’ combined
total revenue rose by 13.9% to 14.4 billion euro
last year, while their combined net profi t fell
to 352 million euro from 487.4 million euro.
Wholesale/retail remained the third strongest
industry in the region for a second year
in a row. The sector is represented in the
2011 ranking by 13 companies which had a
combined total revenue of 11.9 billion euro,
3.12% higher than in 2010. Their combined net
profi t, however, fell to 178.5 million euro from
255.1 million euro.
Companies from the telecommunications
sector registered a 3.0% decrease in their
combined total revenue to 7.3 billion euro
in 2011, but kept their fourth position in the
ranking. The 10 representatives from the industry
had a combined net profi t of 500.1 million
euro, up from 266.8 million euro in 2010.
The metals and automobile industries also
kept their places in the SEE Industrial ranking,
occupying fi fth and sixth position, respectively.
The six metal companies in the SEE TOP 100
had a combined total revenue of 6.6 billion
euro in 2011, an increase of 25.9% over the
previous year. This comes to show that the
gradual increase in demand for the products
of SEE-based metals producers witnessed in
2010 continued last year. Companies from
the sector managed to pare their combined
net loss to 122.2 million euro in 2011 from
149.5 million euro a year earlier.
The automotive industry ranked sixth, just
like in 2010, with total revenue of 5.6 billion
euro. The four sector companies in the 2011
ranking registered a 6.6% fall in their combined
net profi t to 115.1 million euro.
The sector of ICT Equipment was the only
newcomer in the 2011 SEE Industrial ranking.
It ranked 10th with total revenue of 1.6 billion
euro and a net profi t of some 900,000 euro.
46
in millions of euro
Methodology
Most profi table industries 2011
by Velizar Uzunov
The SEE industrial ranking pools
together the revenue generated by
all companies in TOP 100 companies
and ranks sectors by cumulative
revenue. The comparative
fi gures for 2010 are revised to allow
a fair comparison.
The sub-ranking of the industries
with the highest return on revenue
was calculated by dividing the
cumulative net profi t/loss within
each industry by the cumulative
revenue.
We have based our rankings on
an industry classifi cation which
treats fi lling station operators
and gas trading/distribution
companies as Petroleum/Natural
Gas companies, and pharmacies
and pharmaceutical distributors
as Wholesale/Retail.
Industry Return on revenue 2011
1 Pharmaceuticals 13.88%
2 Construction 9.67%
3 Telecommunications 6.81%
4 Rubber/Rubber Products 5.43%
5 Transportation 4.93%
6 Petroleum/Natural Gas 3.47%
7 Food/Drinks/Tobacco 2.53%
8 Electricity 2.44%
9 Automobiles 2.05%
10 Wholesale/Retail 1.50%
11 Electronics 1.05%
12 Agriculture 0.28%
13 ICT Equipment 0.06%
14 Diversified Holdings -1.68%
15 Metals -1.86%
The pharmaceutical industry was the most
profi table in the TOP 100 companies ranking
with return on revenue of 13.88%. The sectors
of construction and telecommunications followed
with 9.67% and 6.81% respectively.