What is the largest Italian company? And among the banks "who wins"? The report "Major Italian companies 2017" published today by the Mediobanca Research Department answers these and other questions.
As for our industrial giants, Enel stands out above all in terms of turnover. The energy company led by Francesco Starace excels with 69,1 billion in revenues, taking the lead after two years of supremacy by Exor.
The club from the Agnelli galaxy was excluded from the list after moving to the Netherlands.
In second position we find Eni who for eleven years (from 2003 to 2013) occupied the top step of the podium. Weighted by the drop in oil prices, the six-legged lion recorded revenues of 55,8 billion.
Gse closes the podium, public company active in the electricity trading sector with 29,3 billion in revenues.
Here is the ranking of top 10 Italian companies in terms of turnover:
- Enel (69,1),
- Eni (55,8)
- Gse (29,3)
- FCA Italy (26,2),
- Telecom Italy (18,7),
- Leonard (12),
- Edition (11,7),
- Edison (10,2),
- Saipem (10)
- Luxottica (9,1).
For the banks, the derby between Unicredit and Intesa Sanpaolo continues. This time, leading the ranking, based on total assets, is Jean Pier Mustier's institute, with total assets of 856,3 billion.
In second place, as forecasted by Intesa Sanpaolo with 717,7 billion. Third step of the podium, several billions behind, Cassa Depositi e Prestiti with 357,7 billion. Mps (152,8 billion) and Banco Popolare (115,7 billion) follow.
But if Unicredit wins on total assets, the bank led by Carlo Messina makes a counter-overtaking in terms of profits which, in 2016, amounted to 3,1 billion euros (5,85 billion in the two-year period 2015-2016).
Speaking of the net result, the podium is completed by Cdp (2,56 billion) and Mediobanca (1,19), while the greatest losses were suffered by UniCredit (-10,1 billion), Popolare Vicenza (-3,3 billion ), Mps (-2,85), Veneto Banca (-2,4) and Banco Popolare (-1,3).
