Continental Among The Most Valuable Companies

2023 Author: Eric Donovan | [email protected]. Last modified: 2023-08-25 09:36

The automotive supplier Continental is one of the 100 most valuable companies in Europe. The pharmaceutical company Roche is the front runner here. This is the result of a current study by the auditing company PwC.

According to a study, the automotive supplier Continental has moved up into the circle of the 100 most valuable companies in Europe. The automotive supplier based in Hanover is - measured by the market value - the 18th German representative among the 100 largest listed companies in Europe, as experts from the auditing company PwC have calculated.

Pharmaceutical company Roche tops the list

According to these figures, the 100 most valuable German stock corporations weighed EUR 1.3 trillion at the beginning of November - eleven percent more than in the last PwC survey in August 2013. The front runner is the pharmaceutical company Bayer with a market value of EUR 93 billion. But even with this, Bayer does not make it into the top ten in Europe, which is dominated by pharmaceutical and health companies: the Leverkusen-based company occupies 12th place.

The German representatives are Volkswagen (16th place / around 81 billion euros in market capitalization), Siemens (17/79 billion euros), SAP (26/67 billion euros) and Daimler (27/66 billion euros). Continental ranks 79th in Europe with a market value of around 31.4 billion euros. The number one in Europe is therefore the Swiss pharmaceutical giant Roche with around 202 billion euros in market capitalization, closely followed by Novartis with 200 billion euros. (dpa)