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Latin America Company Revenues Up 13%
Despite Pemex losses, energy outperforms Latinvex 500.
BY JOACHIM BAMRUD
Latin America’s top 500 companies outperformed economic growth in the region last year, posting a 12.5 percent increase in revenues, significantly higher than the GDP increase of 1.3 percent, according to the latest Latinvex 500.
The ranking uses data for 2017 from individual companies and Economatica.
Profits, though, barely inched up. The profit growth would have been higher if not for major losses at Mexican state oil company Pemex, which offset a dramatic turnaround at Brazilian state oil company Petrobras.
Pemex saw its loss jump from ...
THE KEY NUMBERS
Latinvex 500 (2018): The Full Ranking
Latinvex 500 (2018): Most Profitable
Latinvex 500 (2018): By Alphabetical Order
THE MULTINATIONALS
Latinvex 500 (2018): Top Multinationals by Revenues
Latinvex 500 (2018): Top Multinationals by Revenue Growth
KEY SECTORS
Latinvex 500 (2018): Top Energy Companies
Latinvex 500 (2018): Top Technology Companies
