New research has revealed which European countries are home to companies that make the most profit per employee. The United Kingdom has the highest number of companies that rank in Europe’s top 100 for-profit per employee. France and Germany rank joint second with 21 companies each in the top 100.
In a recent analysis conducted by global fintech group Plus500, European countries were scrutinized to identify those housing companies that lead in profit-per-employee metrics. The study delved into the largest companies in Europe by market capitalization, comparing their 2022 total profits to their respective employee counts.
1. United Kingdom (22 Companies)
Industry Diversity: The UK boasts a diverse business landscape, hosting giants like BP and Shell in the energy sector, GlaxoSmithKline and AstraZeneca in pharmaceuticals, and banking titans HSBC and Lloyds.
Global Impact: Not only are these companies among the largest in Europe, but many also hold a global footprint, contributing significantly to the UK's economic prominence.
2. France (21 Companies)
Luxury and Fashion Dominance: France's representation is marked by luxury retailers such as Hermes, Dior, and LVMH, setting global benchmarks in high-end fashion.
Diverse Sectors: The inclusion of food production company Danone and Liqueur retailer Pernod Ricard underscores France's success in a multitude of industries.
3. Germany (21 Companies)
Shipping and Manufacturing Leadership: Hapag-Lloyd, ranking first in profit per employee, exemplifies Germany's strength in shipping and transport. The presence of Adidas, Porsche, and Mercedes highlights the country's prowess in manufacturing and retail.
4. Netherlands (10 Companies)
Automotive and Entertainment: Stellantis, a major automotive manufacturing corporation, represents the Netherlands' influence in the automotive sector. Additionally, Heineken and Universal Music Group contribute to the country's success in brewing and entertainment.
5. Republic of Ireland (8 Companies)
Technology and Medical Innovation: Ireland's success is underscored by technology and consulting giants Accenture and global leader in medical technology Medtronic, showcasing the country's innovation and influence in these sectors.
6. Italy (5 Companies)
Energy and Luxury Automotive: Italy's representation includes energy giant ENI and luxury car manufacturer Ferrari, emphasizing the country's prowess in the energy sector and high-end automotive industry.
7. Denmark (4 Companies)
Maritime and Pharmaceutical Excellence: Denmark's strategic maritime location contributes to the success of logistics companies DSV and Maersk. The presence of pharmaceutical giant Novo Nordisk highlights Denmark's leadership in healthcare.
8. Sweden (3 Companies)
Automotive and Industrial Solutions: Volvo and Atlas Copco are prominent Swedish companies in the top 100, with Investor AB also making a mark. These companies showcase Sweden's influence in automotive manufacturing and industrial solutions.
9. Belgium (1 Company)
Global Brewing Influence: Belgium, globally renowned for its brewery and beers, is represented by Anheuser-Busch InBev. The company's diverse beer brands and worldwide presence solidify Belgium's position among the top European nations in profit-per-employee metrics.
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.