The top 100 companies publicly traded in Latin America: coming back strong: Brazil to lead the Latin Trade 100 from deep downturn to robust rebound in 2003.Brazilian companies This is a list of major companies based in Brazil. Please note that the list is highly incomplete and does not have thousands of companies of different sizes. Links should only point to the Wikipedia article, and not to a web page URL. will lead the LATIN TRADE Latin Trade is a monthly magazine covering global business in Latin America and the Caribbean. Similar to Forbes and Fortune Magazine in coverage, the magazine was founded in 1993 and now publishes 87,000 copies 1 each month in Spanish, Portuguese, and English. 100 from deep downturn Downturn The transition point between a rising, expanding economy to a falling, contracting one. downturn A decline in security prices or economic activity following a period of rising or stable prices or activity. to a robust rebound rebound (rē´bownd), n/v 1. a recovery from illness. n 2. an outbreak of fresh reflex activity after withdrawal of a stimulus rebound adjective in 2003, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the annual LATIN TRADE Consensus Forecast for the largest publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Analysts at eight of the world's leading investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. predict a 13% increase in sales, with profits surging surge v. surged, surg·ing, surg·es v.intr. 1. To rise and move in a billowing or swelling manner. 2. To roll or be tossed about on waves, as a boat. 3. almost 160% this year. In 2004, sales are expected to rise almost 6% with a healthy 20% jump in profits. The optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op outlook comes after a disastrous 2002. Almost 80 of the LATIN TRADE 100 posted declines in sales last year, while 60 saw profits drop. On average, sales and profits were, respectively, 15% and 95% lower than analysts' 2002 forecast. Faced with economic crisis and currency collapses, companies in Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. and Argentina Argentina (ärjəntē`nə, Span. ärhāntē`nä), officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. took the biggest dive. Power mad telecom industries were the most affected since their equipment expenses are in dollars but revenues are earned in domestic currencies. A strengthening Brazilian real The real (IPA: [xe'aw] or [ʁe'aɫ], symbol: R$, ISO 4217 code: BRL, plural: reais) is the currency of Brazil. It is also the name of the earliest Brazilian currency (see from the Colonial period to 1942. in 2003 will help that country's companies come charging back from a devaluation-driven dismal dis·mal adj. 1. Causing gloom or depression; dreary: dismal weather; took a dismal view of the economy. 2. performance in dollar terms last year. The exchange rate is expected to appreciate 4% to 3.37 reals per dollar by the end of 2003, after falling 50% to 3.50 reals in 2002. State-run oil producer Petrobras PETROBRAS Petróleo Brasileiro SA (Brazilian oil company) , power company Eletrobras, mining giant Companhia Vale do Rio Doce Summary Companhia Vale do Rio Doce (CVRD) is a global diversified mining company, the second largest mining company in the world, and the largest logistics operator in Brazil. and phone companies Telemar and Telesp Telesp - Telecomunicações de São Paulo S.A. (NYSE: TSP) is a telecommunications company in São Paulo state, Brazil. The company was originally formed as part of Telebrás, the state-owned telecom monopoly at the time. Celtilar, among other Brazilian companies, will post on average a 24% expansion in sales and an almost 240% boom in profits, according to our forecast. Buying growth. In many cases, acquisitions are also fueling strong growth. Petrobras will report in 2003 its first full year of results following its $1 billion purchase of Argentine Argentine having some relationship with the country Argentina. Argentine tick margaropuswinthemi. Argentine tortoise geochelonechilensis. oil giant, Perez Companc Perez Companc could refer to
The tradition of brewing in Brazil dates back to European immigration in the early nineteenth century. and soft-drink giant AmBev AmBev Companhia de Bebidas das Americas is expected to post more than 30% sales growth this year after its purchase of Argentina's Quinsa, brewer of Quilmes Quilmes (kēl`mēs), city (1991 pop. 509,445), Buenos Aires prov., E Argentina, on the Río de la Plata estuary. It is a district administrative center and a major industrial city, with one of the world's largest breweries as well as beer. Brazilian cellular operator Telesp Celular Participacoes--now part of the 50/50 joint venture between Spain's Telefonica and Portugal Telecom Portugal Telecom (Euronext: PTC, NYSE: PT) is the biggest telecommunications operator in Portugal. It operates mainly in Portugal and Brazil. It also has a significant presence in Morocco, Guinea-Bissau, Cape Verde, Mozambique, Timor-Leste, Angola, Kenya, the People's Republic in Brazil--is absorbing ab·sorb tr.v. ab·sorbed, ab·sorb·ing, ab·sorbs 1. To take (something) in through or as through pores or interstices. 2. To occupy the full attention, interest, or time of; engross. Tele Cent CENT, money. A copper coin of the United States of the value of ten mills; ten of them are equal to a dime, and one hundred, to one dollar. Each cent is required to contain one hundred and sixty-eight grains. Act of January 18th, 1837, 4 Sharsw. cont. of Story',s L. U. S. 2524. , to Oeste Oeste, (Portuguese for "West") is a NUTS 3 sub-region (Portuguese: sub-região) of the NUTS 2 region of Portugal named Centro. The sub-region is coterminous with the Urban Community (comunidade urbana, or ComUrb) of the same name. Participacoes. Brazilian exporters are also stepping up the pace. Paper company Klabin Klabin S.A. is a major Brazilian pulp and paper company based in São Paulo. The company produces around 1.5 million tons of paper products annually, with a focus on packaging paper, cardboard, corrugated box and multiwall sacks. Klabin has around 17 plants in Brazil. , steel producer Companhia Siderurgica de Tubarao and plane-maker Embraer posted double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. international sales growth last year and are expected to do so again in 2003. Embraer recently sealed seal 1 n. 1. a. A die or signet having a raised or incised emblem used to stamp an impression on a receptive substance such as wax or lead. b. The impression so made. c. a US$2.1 billion deal with US Airways airways Anatomy The 'pipes'–trachea, bronchi, bronchioles–through which air passes to and from the alveoli. See Small airways. to deliver 85 of its new Embraer 170 jets in November November: see month. 2003. The aircraft maker could supply an additional 50 jets that were developed as part of a $850 million investment, "To be a part of US Airways' remarkable growth plan and to have them as the launch customer in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. for the Embraer 170 is exciting for all of us at Embraer," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mauricio Botelho upon the signing of the deal. A few Mexican companies This is a List of Mexican companies:
Mexican-American Mexico, United Mexican States - a republic in southern North America; became independent from Spain in 1810 (FEMSA FEMSA Fomento Económico Mexicano, SA FEMSA Fire and Emergency Manufacturers and Services Association Inc. FEMSA Female Education in Maths and Science in Africa ) and cellular operator America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. Movil--top the forecasted sales growth charts in 2003. FEMSA Coca-Cola Coca-Cola soft drink found throughout the world. [Trademarks:Crowley Trade, 115] See : Ubiquity bought long-time rival Panamerican Beverage Company (Panamco PANAMCO Panamerican Beverage Company ), increasing its international revenue to almost 40% of total sales from 18%. Similarly, America Movil has bought a controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in Brazilian wireless company BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). from BellSouth
SAFRA Société Albigeoise de Fabrication et Réparation Automobile (Albi, France) family. It now has a third of its 30 million subscribers outside of Mexico Mexico, city, Mexico Mexico or Mexico City, Span. Ciudad de México (Méjico), city (1990 pop. 8,236,960; 1991 met. area est. 20,899,000), central Mexico, capital and largest city of Mexico. . These purchases boost revenue as well as make the companies less Mexico-centric--a key issue this year. Slow-grow Mexico. That's because a slow-growing Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum economy is taking its toll on the country's leading consumer-oriented outfits. Phone company Telefonos de Mexico (Telmex) is expected to see sales fall almost. $150 million to $10.8 billion this year. "In 2003 Telmex has lost its longstanding Adj. 1. longstanding - having existed for a long time; "a longstanding friendship"; "the longstanding conflict" long - primarily temporal sense; being or indicating a relatively great or greater than average duration or passage of time or a duration as specified; status as one of the best performing telcos globally," according to Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. telecom analyst Jose JOSE Jealous One's Still Envy (song) JOSE Joint Optics Structures Experiment M. Linares Linares (lēnä`rās), city (1990 pop. 59,150), Jaén prov., S Spain, in Andalusia. The rich silver and lead mines nearby have brought prosperity to the city, which now has many metallurgical industries. Powder and dynamite are chief products. . Mexican companies will thrive in 2004. With the Mexican economy forecast to grow almost 4%, retailers Wal-Mart  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. de Mexico (Walmex Wal-Mart de Mexico, is a Latin American blue-chip company, a majority of which is owned by the American retail giant Wal-Mart Stores, Inc. It has been traded at the Mexican Stock Exchange since 1977 [1]. ), Grupo
Elektra Grupo Elektra is a Mexican financial and retail corporation owned by Grupo Salinas. It is listed on the New York Stock Exchange (EKT), the Bolsa Mexicana de Valores (ELEKTRA*) and on the Spanish Stock Market Latibex (XEKT). and Grupo Gigante will post 15% or more in revenue expansion,
according to our consensus forecast. Walmex posted almost 6% sales
growth straight through a tough 2002. Its continued expansion of floor
space is expected to generate a $1.3 billion rise in sales to $10.6
billion in 2003. J.P. Morgan analyst Pablo Pablo is the Spanish variant of the given name "Paul": Real-life
Profits present a radically different picture. Most of the companies in the Latin Trade 100 will achieve high growth in net income this year through restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). . Seven of the 10 companies expected to achieve the largest profit increase in 2003 lost money last year. The drivers of booming profits at companies like Chile-based power company Endesa ENDESA Empresa Nacional de Electricidad, S.A. (Spanish electric utility) , Mexican glass-maker Vitro and Brazilian steel company Companhia Siderurgica Nacional Nacional is the Spanish and Portuguese word for national. It can refer to: Sports
A method used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantage. Notes: are netting positive income. Endesa expects the sale of 172-megawatt plant Canutillar and transmission lines, and the refinancing Refinancing An extension and/or increase in amount of existing debt. of debt related to its GasAtacama project, to produce total income of $650 million. "The success of the financial restructuring plan is the main issue going forward," according to Raimundo People named Raimundo:
or Peter Waldo (died c. 1205) French religious leader. A successful merchant, Valdes (Peter Waldo was a later form of his name) underwent a religious conversion, gave away his wealth, and began to preach a doctrine of voluntary poverty in Lyon , analyst at UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Warburg War·burg , Otto Heinrich 1883-1970. German biochemist. He won a 1931 Nobel Prize for research on the respiration of cells. . Government intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. is also proving extremely challenging for some of Latin America's largest companies. Brazil's state-owned state-owned adj → estatal, del estado state-owned adj → étatisé(e) state-owned state adj → power company Eletrobras is losing a battle between political goals and profitability. Hundreds of millions of dollars in write-offs and provisions for bad debts could return the power company to profitability in 2004, provided the charges don't don't 1. Contraction of do not. 2. Nonstandard Contraction of does not. n. A statement of what should not be done: a list of the dos and don'ts. become a habit, analysts say. "Such charges are not atypical atypical /atyp·i·cal/ (-i-k'l) irregular; not conformable to the type; in microbiology, applied specifically to strains of unusual type. a·typ·i·cal adj. for Eletrobras but contribute to reduced confidence," according to Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. analysts Frank McGann McGann is a surname, and may refer to
This page or section lists people with the surname and Felipe Felipe is a Spanish or Portuguese variant of the name Philip, which derives from the Greek voice Phileas Hippo or "who loves horses" Noteworthy people with this name include: Entertainment
See also: Deck ." Compania Anonima Nacional Telefonos de Venezuela Venezuela (vĕnəzwā`lə, Span. vānāswā`lä), officially the Bolivarian Republic of Venezuela, republic (2005 est. pop. 25,375,000), 352,143 sq mi (912,050 sq km), N South America. (CANTV CANTV Compañía Anónima Nacional Teléfonos de Venezuela ) is facing worse than regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. challenges. The Venezuelan unit of U.S. phone company Verizon is grappling with economic and political crisis. Even if an August 2003 referendum referendum, referral of proposed laws or constitutional amendments to the electorate for final approval. This direct form of legislation, along with the initiative, was known in Greece and other early democracies. on President Hugo HUGO - A bytecode-interpreted transaction handler from Geac. Chavez's government provides some political stability, analysts predict that the company will lose $44 million in 2003. A sharp rebound in profits would come in 2004 from a return to economic normalcy nor·mal·cy n. Normality. Noun 1. normalcy - being within certain limits that define the range of normal functioning normality without massive work stoppages. No such recovery is expected for Embratel EMBRATEL Empresa Brasileira de Telecomunicacoes , the Brazilian long-distance long-dis·tance adj. 1. Covering a long distance: a long-distance runner; operating under long-distance supervision. 2. company affiliated af·fil·i·ate v. af·fil·i·at·ed, af·fil·i·at·ing, af·fil·i·ates v.tr. 1. To adopt or accept as a member, subordinate associate, or branch: with MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. . Embratel has completed complex debt renegotiations with 25 creditors to extend the maturity of $861 million in obligations. Nonetheless, increasing competition from local telephone companies in long distance will continue to reduce Embratel's revenue and prevent a return to profits in 2003 and 2004, analysts predict. Results at many of the LATIN TRADE 100 may still surprise when it comes to making mergers and acquisitions work. Mexican bakery giant Grupo Industrial Bimbo is no slouch slouch v. slouched, slouch·ing, slouch·es v.intr. 1. To sit, stand, or walk with an awkward, drooping, excessively relaxed posture. 2. To droop or hang carelessly, as a hat. v. when it comes to takeovers. Yet Bimbo's $610 million purchase of the western U.S. division of Toronto-based food company George Weston George Weston (March 23, 1864 - April 6, 1924) was an American-born businessman in Canada and a municipal politician in the city of Toronto, Ontario. Born in Oswego, New York, he was a small boy when his family moved to Canada, settling in the city of Toronto. in early 2002 continues to cause indigestion indigestion or dyspepsia, discomfort during or after eating caused by some interference with the normal digestive process. Symptoms include nausea, heartburn, abdominal pain, gas distress, and a feeling of abdominal distention. , in part because of a sluggish U.S. economy. Bimbo Bakeries USA President Juan Juan (IPA: [xwan]) is a Spanish form of the given name John (q.v.). It was the 55th most popular name in the United States as of 2003. Muldoon Muldoon is a common name for Irish and Scottish families. It is represented throughout the world where descendants of emigrants of people bearing that name have settled; e.g. USA, Canada, Australia, New Zealand, South Africa and other countries. has closed two plants over the past year and restructured distribution to pound down costs. Analysts expect significantly reduced profits as the company continues to struggle with new technology implementation and competition in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. in 2004. Overall, companies will get a boost from strong currencies and a rising economic tide in Latin America. After years of cost cutting, the improved environment will translate (1) To change one language into another; for example, assemblers, compilers and interpreters translate source language into machine language. (2) In computer graphics, to move an image on screen without rotating it. into a prosperous 2004.
WINNERS
SALES
US$ % change
millions '01/'02
Klabin 796.4 142.6
Bunge Brasil 3,382.9 124.7
Arca Embotelladora 1,275.2 68.1
Braskem 1,820.9 28.3
America Movil 5,572.0 23.2
NET INCOME
Multibras 31.9 939.7
Telemar 194.5 817.5
America Movil 446.2 592.6
Brasmotor 13.0 422.5
Alfa 135.5 247.7
TOTAL ASSETS
Bavaria 4,284.7 72.9
Braskem 3,987.2 67.3
Almacenes Coppel 997.5 28.4
Grupo Industrial Bimbo 3,075.7 25.0
LanChile 1,581.3 11.2
LOSERS
SALES
US$ % change
millions '01/'02
Light 1,032.9 -72.1
Telefonica de Argentina 896.5 -65.2
Telecom Argentina 1,174.9 -61.5
Embratel 2,011.5 -37.4
CANTV 1,909.4 -36.6
NET INCOME
CPFL -108.1 -2,924.8
Telecom Argentina -1,284.4 -2,832.7
Desc -101.2 -2,336.2
Braskem -271.0 -2,127.3
Telefonica de Argentina -1,014.5 -734.0
TOTAL ASSETS
Telefonica de Argentina -2,821.2 -47.5
Telecom Argentina 3,789.7 -42.8
Telemar 5,776.8 -37.8
Copel 2,419.0 -35.7
Telesp 6,328.6 -35.7
The drivers of booming
profits at LATIN TRADE 100
companies are
mundane activities like
cost cutting and
debt restructuring.
TOP 100
2002 2003F 2004F
SALES -13% 13.2% 5.7%
PROFITS -53.8% 158.9% 20.3%
F=FORECAST
Note: Table made from bar graph.
Ranked by net sales as of Dec. 31, 2002 in US$ millions
RANK
this last
year year COMPANY COUNTRY SECTOR
1 1 Petrobras Brazil Oil, gas
2 2 Telmex Mexico Telecom
3 3 Telecom Carso Global Mexico Telecom
4 4 Wal-Mart de Mexico Mexico Retail
5 8 Cemex Mexico Cement
6 5 Repsol YPF Argentina Oil, gas
7 14 America Movil Mexico Telecom
8 6 Eletrobras Brazil Electricity
9 7 Petrobras Distribuidora Brazil Oil, gas
10 10 Femsa Mexico Beverages
11 9 Grupo Carso Mexico Holding
12 12 Alfa Mexico Holding
13 13 CVRD Brazil Mining
14 20 Grupo Industrial Bimbo Mexico Food
15 11 Ipiranga Distribuidora Brazil Gas
16 25 Grupo Modelo Mexico Beverages
17 15 Enersis Chile Electricity
18 23 Antarchile Chile Holding
19 24 Copec Chile Oil, gas
20 63 Bunge Brasil Brazil Chemical
21 16 Tele Norte Leste Brazil Telecom
22 21 Telemar Brazil Telecom
23 29 Organizacion Soriano Mexico Retail
24 22 Comercial Mexicana Mexico Retail
25 17 Ipiranga Petroquimica Brazil Oil
26 27 Grupo Gigante Mexico Retail
27 18 Telesp Brazil Telecom
28 30 Cintra Mexico Aviation
29 26 Pao de Acucar Brazil Retail
30 44 Grupo Imsa Mexico Steel
31 43 Gerdau Brazil Steel
32 34 Grupo Minero de Mexico Mexico Mining
33 31 Vitro Mexico Holding
34 35 Embraer Brazil Aviation
35 46 Grupo Televisa Mexico Media
36 36 AmBev Brazil Beverages
37 49 Puerto de Liverpool Mexico Retail
38 28 Embratel Brazil Telecom
39 38 Brasil Telecom Brazil Telecom
40 33 CANTV Venezuela Telecom
41 37 Itausa Brazil Holding
42 45 Desc Mexico Holding
43 47 Usiminas Brazil Steel
44 51 Gruma Mexico Food
45 -- Braskem Brazil Chemical
46 55 Saba Casa Grupo Mexico Retail
47 54 Nadro Mexico Retail
48 53 Grupo Sanborns Mexico Retail
49 52 KOF Coca-Cola Femsa Mexico Beverages
50 56 Vapores Chile Transportation
51 42 Eletropaulo Metropolitana Brazil Electricity
52 59 Grupo Elektra Mexico Retail
53 58 Kimberly Clark de Mexico Mexico Paper, pulp
54 66 Siderca Argentina Steel
55 57 CSN Brazil Steel
56 71 D&S Chile Retail
57 50 Cemig Brazil Electricity
58 70 LanChile Chile Aviation
59 48 CPFL Brazil Electricity
60 60 Perez Companc Argentina Conglomerate
61 69 Grupo Corvi Mexico Retail
62 76 Hylsamex Mexico Steel
63 62 Endesa Chile Electricity
64 -- Arca Embotelladora Mexico Beverages
65 74 CMPC Chile Paper, pulp
66 61 Sadia Brazil Food
67 72 CTC Chile Telecom
68 79 Falabella Chile Retail
69 32 Telecom Argentina Argentina Telecom
70 65 Brasmotor Brazil Appliances
71 67 Multibras Brazil Appliances
72 83 Entel Chile Telecom
73 73 Almacenes Exito Colombia Retail
74 81 Industrias Penoles Mexico Mining
75 -- Altos Hornos de Mexico Mexico Steel
76 64 Sabesp Brazil Water
77 19 Light Brazil Electricity
78 94 Grupo TMM Mexico Transportation
79 -- Bavaria Colombia Beverages
80 84 Bachoco Industrias Mexico Food
81 88 Telefonica del Peru Peru Telecom
82 75 Telesp Celular Brazil Telecom
83 92 Grupo Continental Mexico Beverages
84 78 TAM Brazil Transportation
85 96 Apasco Mexico Cement
86 -- Almacenes Coppel Mexico Retail
87 41 Telefonica de Argentina Argentina Telecom
88 91 Belgo Mineira Brazil Steel
89 97 Ultrapar Brazil Chemical
90 89 Copesul Brazil Chemical
91 86 Perdigao Brazil Food
92 -- CST Brazil Steel
93 85 Corporacion Durango Mexico Paper, pulp
94 90 Souza Cruz Brazil Tobacco
95 87 Klabin Brazil Paper, pulp
96 95 ICA Mexico Construction
97 -- Cosipa Brazil Steel
98 98 Copel Brazil Electricity
99 -- Siderar Argentina Steel
100 -- CGE Chile Electricity
RANK NET SALES
this 2002 % change
year COMPANY US$ millions '01/'02
1 Petrobras 19,578.3 -21.0
2 Telmex 10,944.0 -9.8
3 Telecom Carso Global 10,944.0 -9.9
4 Wal-Mart de Mexico 10,260.0 5.9
5 Cemex 6,585.9 -8.2
6 Repsol YPF 5,781.4 -29.2
7 America Movil 5,572.0 23.2
8 Eletrobras 5,473.1 -28.6
9 Petrobras Distribuidora 5,414.6 -22.1
10 Femsa 5,133.7 -1.0
11 Grupo Carso 5,031.3 -10.5
12 Alfa 4,980.0 2.3
13 CVRD 4,154.3 -8.8
14 Grupo Industrial Bimbo 4,012.0 10.9
15 Ipiranga Distribuidora 3,614.8 -25.9
16 Grupo Modelo 3,514.5 -0.1
17 Enersis 3,450.2 -23.3
18 Antarchile 3,389.8 -4.5
19 Copec 3,387.2 -4.5
20 Bunge Brasil 3,382.9 124.7
21 Tele Norte Leste 3,360.6 -22.8
22 Telemar 3,253.6 -11.0
23 Organizacion Soriano 3,115.0 -0.9
24 Comercial Mexicana 3,108.2 -14.1
25 Ipiranga Petroquimica 3,023.0 -25.4
26 Grupo Gigante 2,994.1 -7.7
27 Telesp 2,855.2 -26.8
28 Cintra 2,779.2 -11.1
29 Pao de Acucar 2,675.9 -22.9
30 Grupo Imsa 2,646.0 11.7
31 Gerdau 2,593.0 2.2
32 Grupo Minero de Mexico 2,405.2 -19.3
33 Vitro 2,319.7 -8.2
34 Embraer 2,192.9 -26.2
35 Grupo Televisa 2,090.6 -2.8
36 AmBev 2,073.2 -26.3
37 Puerto de Liverpool 2,013.2 0.6
38 Embratel 2,011.5 -37.4
39 Brasil Telecom 2,001.3 -24.6
40 CANTV 1,909.4 -36.6
41 Itausa 1,900.8 -29.1
42 Desc 1,899.0 -15.9
43 Usiminas 1,877.5 -10.8
44 Gruma 1,859.3 -5.0
45 Braskem 1,820.9 28.3
46 Saba Casa Grupo 1,765.6 -0.6
47 Nadro 1,742.1 -2.4
48 Grupo Sanborns 1,729.7 -4.7
49 KOF Coca-Cola Femsa 1,708.6 -1.3
50 Vapores 1,670.6 -2.9
51 Eletropaulo Metropolitana 1,641.5 -35.5
52 Grupo Elektra 1,607.6 -0.8
53 Kimberly Clark de Mexico 1,560.8 -8.7
54 Siderca 1,511.4 4.0
55 CSN 1,461.9 -14.8
56 D&S 1,454.9 5.3
57 Cemig 1,448.7 -26.8
58 LanChile 1,448.6 2.3
59 CPFL 1,424.0 -30.7
60 Perez Companc 1,333.6 -19.4
61 Grupo Corvi 1,327.3 -6.7
62 Hylsamex 1,307.2 3.7
63 Endesa 1,302.0 -15.3
64 Arca Embotelladora 1,275.2 68.1
65 CMPC 1,232.2 -3.5
66 Sadia 1,199.7 -23.4
67 CTC 1,198.0 -11.4
68 Falabella 1,178.9 0.9
69 Telecom Argentina 1,174.9 -61.5
70 Brasmotor 1,159.8 -20.5
71 Multibras 1,147.5 -19.9
72 Entel 1,116.9 3.9
73 Almacenes Exito 1,111.1 -18.0
74 Industrias Penoles 1,099.4 0.6
75 Altos Hornos de Mexico 1,071.3 -5.4
76 Sabesp 1,066.2 -28.0
77 Light 1,032.9 -72.1
78 Grupo TMM 1,022.6 -5.5
79 Bavaria 1,017.1 17.9
80 Bachoco Industrias 1,004.4 -4.9
81 Telefonica del Peru 982.1 -5.0
82 Telesp Celular 959.6 -24.4
83 Grupo Continental 946.5 -6.9
84 TAM 942.5 -19.3
85 Apasco 937.1 -6.0
86 Almacenes Coppel 899.0 20.9
87 Telefonica de Argentina 896.5 -65.2
88 Belgo Mineira 896.4 -12.2
89 Ultrapar 847.5 -13.9
90 Copesul 830.1 -18.9
91 Perdigao 825.7 -21.3
92 CST 804.0 -5.7
93 Corporacion Durango 802.0 -18.3
94 Souza Cruz 797.7 -22.1
95 Klabin 796.4 142.6
96 ICA 774.2 -23.8
97 Cosipa 768.6 4.4
98 Copel 755.3 -22.5
99 Siderar 752.6 -3.1
100 CGE 733.0 -4.9
RANK NET SALES
this 2003F 2004F
year COMPANY US$ millions US$ millions
1 Petrobras 27,672.8 25,670.9
2 Telmex 10,807.9 11,061.6
3 Telecom Carso Global N/A N/A
4 Wal-Mart de Mexico 11,585.5 13,474.7
5 Cemex 6,673.3 6,803.6
6 Repsol YPF N/A N/A
7 America Movil 6,635.6 6,967.8
8 Eletrobras 5,702.8 6,232.8
9 Petrobras Distribuidora N/A N/A
10 Femsa 5,498.9 6,099.9
11 Grupo Carso 5,164.9 5,366.5
12 Alfa 5,249.1 5,439.3
13 CVRD 4,820.0 5,233.0
14 Grupo Industrial Bimbo 4,289.3 4,594.1
15 Ipiranga Distribuidora N/A N/A
16 Grupo Modelo 3,693.3 4,051.7
17 Enersis 3,733.0 4,023.5
18 Antarchile N/A N/A
19 Copec 3,336.6 3,452.6
20 Bunge Brasil N/A N/A
21 Tele Norte Leste 3,992.1 4,417.3
22 Telemar 3,754.2 4,205.7
23 Organizacion Soriano 3,355.3 3,664.7
24 Comercial Mexicana 3,221.0 3,402.1
25 Ipiranga Petroquimica N/A N/A
26 Grupo Gigante 3,043.3 3,486.0
27 Telesp 3,385.8 3,816.5
28 Cintra N/A N/A
29 Pao de Acucar 3,375.7 3,793.5
30 Grupo Imsa 2,787.0 2,814.0
31 Gerdau 3,278.4 3,431.5
32 Grupo Minero de Mexico 3,152.2 3,794.6
33 Vitro 2,449.9 2,468.0
34 Embraer 2,638.2 2,863.8
35 Grupo Televisa 2,136.3 2,202.6
36 AmBev 2,704.8 2,942.7
37 Puerto de Liverpool N/A N/A
38 Embratel 1,911.9 1,734.7
39 Brasil Telecom 2,335.2 2,577.7
40 CANTV 1,585.1 1,727.0
41 Itausa N/A N/A
42 Desc 1,993.2 1,948.7
43 Usiminas 2,305.8 2,405.1
44 Gruma 1,978.8 2,109.7
45 Braskem N/A N/A
46 Saba Casa Grupo 1,779.6 1,928.1
47 Nadro 1,797.3 1,990.6
48 Grupo Sanborns 1,777.4 1,788.7
49 KOF Coca-Cola Femsa 3,082.2 3,588.1
50 Vapores N/A N/A
51 Eletropaulo Metropolitana 1,845.1 2,025.2
52 Grupo Elektra 1,715.3 1,973.9
53 Kimberly Clark de Mexico 1,616.8 1,630.0
54 Siderca N/A N/A
55 CSN 1,620.7 1,659.7
56 D&S 1,609.5 1,793.6
57 Cemig 1,555.8 1,727.9
58 LanChile 1,509.0 1,572.9
59 CPFL N/A N/A
60 Perez Companc 1,588.0 1,682.3
61 Grupo Corvi N/A N/A
62 Hylsamex 1,208.0 1,309.0
63 Endesa 1,390.0 1,477.4
64 Arca Embotelladora 1,277.5 1,348.0
65 CMPC 1,393.0 1,494.3
66 Sadia 1,383.0 1,524.0
67 CTC 1,199.2 1,266.2
68 Falabella 1,316.9 1,509.0
69 Telecom Argentina 1,114.9 1,304.9
70 Brasmotor N/A N/A
71 Multibras N/A N/A
72 Entel 1,258.7 1,299.7
73 Almacenes Exito N/A N/A
74 Industrias Penoles 1,190.8 1,186.4
75 Altos Hornos de Mexico N/A N/A
76 Sabesp 1,164.1 1,210.1
77 Light 1,172.2 1,178.4
78 Grupo TMM N/A N/A
79 Bavaria N/A N/A
80 Bachoco Industrias N/A N/A
81 Telefonica del Peru N/A N/A
82 Telesp Celular 1,574.2 1,888.8
83 Grupo Continental 961.9 1,025.4
84 TAM N/A N/A
85 Apasco 976.4 1,028.6
86 Almacenes Coppel N/A N/A
87 Telefonica de Argentina N/A N/A
88 Belgo Mineira N/A N/A
89 Ultrapar 975.1 986.6
90 Copesul N/A N/A
91 Perdigao 923.0 1,006.0
92 CST 1,027.4 1,042.5
93 Corporacion Durango N/A N/A
94 Souza Cruz 881.6 877.2
95 Klabin 1,078.2 1,171.6
96 ICA 776.8 882.0
97 Cosipa N/A N/A
98 Copel 969.4 1,076.3
99 Siderar 858.6 878.2
100 CGE N/A N/A
RANK NET INCOME
this 2002 % change
year COMPANY US$ millions '01/'02
1 Petrobras 2,291.8 -46.1
2 Telmex 1,897.5 -26.2
3 Telecom Carso Global 282.4 -56.3
4 Wal-Mart de Mexico 479.3 4.5
5 Cemex 523.7 -57.1
6 Repsol YPF 986.4 20.4
7 America Movil 446.2 592.6
8 Eletrobras 311.4 -77.8
9 Petrobras Distribuidora 191.2 18.6
10 Femsa 275.1 -21.7
11 Grupo Carso 197.8 11.0
12 Alfa 135.5 247.7
13 CVRD 578.3 -56.0
14 Grupo Industrial Bimbo 94.3 -44.9
15 Ipiranga Distribuidora 16.6 -36.5
16 Grupo Modelo 409.8 3.4
17 Enersis -310.5 -601.2
18 Antarchile 243.8 -18.6
19 Copec 383.6 -31.3
20 Bunge Brasil -94.4 -208.1
21 Tele Norte Leste -117.6 -294.4
22 Telemar 194.5 817.5
23 Organizacion Soriano 150.1 -6.5
24 Comercial Mexicana 76.5 -7.9
25 Ipiranga Petroquimica -19.5 -284.8
26 Grupo Gigante 33.5 -51.1
27 Telesp 304.5 -55.2
28 Cintra -160.9 -13.5
29 Pao de Acucar 69.4 -35.8
30 Grupo Imsa 133.5 -19.6
31 Gerdau 226.0 13.0
32 Grupo Minero de Mexico -183.5 33.3
33 Vitro -4.3 -125.1
34 Embraer 333.7 -29.7
35 Grupo Televisa 71.5 -51.4
36 AmBev 427.5 26.4
37 Puerto de Liverpool 149.3 -4.5
38 Embratel -177.3 25.7
39 Brasil Telecom 125.4 11.5
40 CANTV 43.5 -58.3
41 Itausa 435.1 -14.6
42 Desc -101.2 -2,336.2
43 Usiminas -91.9 -187.2
44 Gruma 38.1 11.0
45 Braskem -271.0 -2,127.3
46 Saba Casa Grupo 52.7 18.9
47 Nadro 37.4 -9.9
48 Grupo Sanborns 159.6 23.2
49 KOF Coca-Cola Femsa 248.7 9.1
50 Vapores 36.7 41.9
51 Eletropaulo Metropolitana -246.5 -200.8
52 Grupo Elektra 7.7 -93.8
53 Kimberly Clark de Mexico 225.4 -28.7
54 Siderca 440.4 181.5
55 CSN -55.1 -142.6
56 D&S 33.0 -44.6
57 Cemig -283.5 -237.7
58 LanChile 30.7 185.9
59 CPFL -108.1 -2,924.8
60 Perez Companc -351.6 -458.8
61 Grupo Corvi 4.3 -74.7
62 Hylsamex -70.9 74.4
63 Endesa -12.9 -112.2
64 Arca Embotelladora 117.0 78.1
65 CMPC 92.5 -0.3
66 Sadia 66.3 -24.1
67 CTC -24.5 -494.2
68 Falabella 97.0 23.0
69 Telecom Argentina -1,284.4 -2,832.7
70 Brasmotor 13.0 422.5
71 Multibras 31.9 939.7
72 Entel 57.0 10.1
73 Almacenes Exito 11.7 -55.3
74 Industrias Penoles -10.8 -139.3
75 Altos Hornos de Mexico -94.6 44.6
76 Sabesp -184.1 -297.6
77 Light -355.4 13.3
78 Grupo TMM -43.2 -547.4
79 Bavaria 125.2 37.4
80 Bachoco Industrias 125.0 6.1
81 Telefonica del Peru 8.7 120.6
82 Telesp Celular -322.9 32.7
83 Grupo Continental 122.9 2.1
84 TAM -171.4 -604.9
85 Apasco 180.3 -7.7
86 Almacenes Coppel 88.9 17.3
87 Telefonica de Argentina -1,014.5 -734.0
88 Belgo Mineira 89.8 7.7
89 Ultrapar 62.9 10.4
90 Copesul 0.1 101.0
91 Perdigao 2.3 -96.8
92 CST 38.7 229.1
93 Corporacion Durango -331.0 -487.6
94 Souza Cruz 271.9 -0.5
95 Klabin -59.0 -274.0
96 ICA -128.3 72.4
97 Cosipa -155.3 -67.5
98 Copel -90.6 -144.2
99 Siderar 34.5 127.5
100 CGE 48.0 -39.0
RANK NET INCOME
this 2003F 2004F
year COMPANY US$ millions US$ millions
1 Petrobras 5,643.5 5,212.6
2 Telmex 2,165.2 2,375.7
3 Telecom Carso Global N/A N/A
4 Wal-Mart de Mexico 517.1 630.9
5 Cemex 860.1 925.4
6 Repsol YPF N/A N/A
7 America Movil 812.4 956.7
8 Eletrobras -7.4 433.5
9 Petrobras Distribuidora N/A N/A
10 Femsa 397.7 511.4
11 Grupo Carso 255.5 250.6
12 Alfa 162.4 157.5
13 CVRD 1,252.1 1,397.2
14 Grupo Industrial Bimbo 156.1 48.4
15 Ipiranga Distribuidora N/A N/A
16 Grupo Modelo 452.8 510.4
17 Enersis 72.0 50.0
18 Antarchile N/A N/A
19 Copec 368.4 439.1
20 Bunge Brasil N/A N/A
21 Tele Norte Leste 56.2 289.1
22 Telemar 667.6 1,087.3
23 Organizacion Soriano 158.1 164.8
24 Comercial Mexicana 68.4 75.7
25 Ipiranga Petroquimica N/A N/A
26 Grupo Gigante 28.7 29.3
27 Telesp 638.9 928.1
28 Cintra N/A N/A
29 Pao de Acucar 66.8 112.9
30 Grupo Imsa 185.7 251.0
31 Gerdau 329.8 394.2
32 Grupo Minero de Mexico -96.1 54.0
33 Vitro 49.1 75.8
34 Embraer 351.0 393.4
35 Grupo Televisa 204.4 225.2
36 AmBev 653.0 772.4
37 Puerto de Liverpool N/A N/A
38 Embratel -52.9 -69.0
39 Brasil Telecom 205.2 283.0
40 CANTV -44.4 102.1
41 Itausa N/A N/A
42 Desc 35.8 53.8
43 Usiminas 291.9 288.6
44 Gruma 42.9 47.4
45 Braskem N/A N/A
46 Saba Casa Grupo 43.3 47.1
47 Nadro 42.9 45.9
48 Grupo Sanborns 141.0 188.5
49 KOF Coca-Cola Femsa 265.9 320.0
50 Vapores N/A N/A
51 Eletropaulo Metropolitana -16.5 95.2
52 Grupo Elektra 97.6 138.6
53 Kimberly Clark de Mexico 275.5 271.0
54 Siderca N/A N/A
55 CSN 219.1 221.6
56 D&S 48.4 63.6
57 Cemig 155.8 299.8
58 LanChile 43.6 42.2
59 CPFL N/A N/A
60 Perez Companc 178.9 267.8
61 Grupo Corvi N/A N/A
62 Hylsamex -2.4 -15.7
63 Endesa 171.0 152.0
64 Arca Embotelladora 112.8 153.4
65 CMPC 183.3 230.3
66 Sadia 51.0 66.0
67 CTC 56.1 89.0
68 Falabella 112.9 126.5
69 Telecom Argentina -362.0 103.9
70 Brasmotor N/A N/A
71 Multibras N/A N/A
72 Entel 66.0 67.5
73 Almacenes Exito N/A N/A
74 Industrias Penoles 23.6 59.8
75 Altos Hornos de Mexico N/A N/A
76 Sabesp 100.5 204.6
77 Light -65.7 -31.5
78 Grupo TMM N/A N/A
79 Bavaria N/A N/A
80 Bachoco Industrias N/A N/A
81 Telefonica del Peru N/A N/A
82 Telesp Celular 53.2 134.8
83 Grupo Continental 120.9 135.9
84 TAM N/A N/A
85 Apasco 197.9 228.0
86 Almacenes Coppel N/A N/A
87 Telefonica de Argentina N/A N/A
88 Belgo Mineira N/A N/A
89 Ultrapar 119.5 132.9
90 Copesul N/A N/A
91 Perdigao 35.0 31.0
92 CST 143.6 120.4
93 Corporacion Durango N/A N/A
94 Souza Cruz 270.3 255.7
95 Klabin 105.1 143.7
96 ICA -35.6 25.0
97 Cosipa N/A N/A
98 Copel -25.9 55.2
99 Siderar 107.9 112.9
100 CGE N/A N/A
RANK TOTAL ASSETS
this 2002 % change
year COMPANY US$ millions '01/'02
1 Petrobras 27,526.7 -15.0
2 Telmex 16,367.7 -4.6
3 Telecom Carso Global 16,819.2 -4.2
4 Wal-Mart de Mexico 5,790.7 1.3
5 Cemex 16,038.8 -4.6
6 Repsol YPF 8,717.1 -33.9
7 America Movil 10,968.7 8.2
8 Eletrobras 34,388.1 -23.9
9 Petrobras Distribuidora 1,505.3 -5.6
10 Femsa 5,818.5 10.0
11 Grupo Carso 6,096.6 -12.5
12 Alfa 6,994.5 -4.3
13 CVRD 9,471.4 -16.8
14 Grupo Industrial Bimbo 3,075.7 25.0
15 Ipiranga Distribuidora 726.7 -21.9
16 Grupo Modelo 5,636.9 -0.5
17 Enersis 17,517.2 -6.6
18 Antarchile 6,388.0 -1.0
19 Copec 6,244.0 -2.1
20 Bunge Brasil 2,913.5 -16.1
21 Tele Norte Leste 7,778.8 -32.6
22 Telemar 5,776.8 -37.8
23 Organizacion Soriano 2,194.2 0.4
24 Comercial Mexicana 2,247.8 -3.0
25 Ipiranga Petroquimica 598.7 -20.2
26 Grupo Gigante 2,163.8 1.3
27 Telesp 6,328.6 -35.7
28 Cintra 1,936.3 -1.7
29 Pao de Acucar 2,600.3 -17.1
30 Grupo Imsa 3,035.9 -2.8
31 Gerdau 4,093.1 -2.8
32 Grupo Minero de Mexico 8,384.0 -7.2
33 Vitro 2,910.6 -16.4
34 Embraer 3,182.1 -4.4
35 Grupo Televisa 5,476.2 1.8
36 AmBev 3,504.2 -26.3
37 Puerto de Liverpool 2,174.3 8.1
38 Embratel 3,635.6 -32.3
39 Brasil Telecom 4,557.3 -28.0
40 CANTV 3,729.7 -34.1
41 Itausa 32,448.1 -10.9
42 Desc 2,841.8 -5.5
43 Usiminas 4,393.3 -26.4
44 Gruma 2,147.2 -5.2
45 Braskem 3,987.2 67.3
46 Saba Casa Grupo 733.0 -0.2
47 Nadro 652.8 0.1
48 Grupo Sanborns 2,052.5 -5.8
49 KOF Coca-Cola Femsa 1,568.2 6.3
50 Vapores 1,076.6 5.0
51 Eletropaulo Metropolitana 3,268.2 -33.5
52 Grupo Elektra 1,469.3 -12.5
53 Kimberly Clark de Mexico 2,218.1 -8.1
54 Siderca 2,085.1 -8.0
55 CSN 4,368.2 -24.5
56 D&S 1,048.2 3.9
57 Cemig 3,909.6 -31.4
58 LanChile 1,581.3 11.2
59 CPFL 2,957.1 -34.6
60 Perez Companc 4,005.6 -35.2
61 Grupo Corvi 395.9 -17.4
62 Hylsamex 2,767.0 -3.4
63 Endesa 9,055.1 -3.2
64 Arca Embotelladora 1,274.2 -5.3
65 CMPC 3,748.0 -0.9
66 Sadia 1,452.4 -2.5
67 CTC 3,731.3 -17.9
68 Falabella 1,439.6 6.6
69 Telecom Argentina 3,789.7 -42.8
70 Brasmotor 1,061.8 -16.2
71 Multibras 1,037.7 -15.5
72 Entel 1,791.2 -1.2
73 Almacenes Exito 880.9 -13.4
74 Industrias Penoles 1,794.5 -3.7
75 Altos Hornos de Mexico 3,249.7 -8.1
76 Sabesp 4,622.3 -32.6
77 Light 2,533.5 -26.3
78 Grupo TMM 2,799.5 -8.4
79 Bavaria 4,284.7 72.9
80 Bachoco Industrias 1,123.9 0.0
81 Telefonica del Peru 2,324.5 -16.4
82 Telesp Celular 2,732.4 -7.7
83 Grupo Continental 846.9 -0.5
84 TAM 1,001.1 -16.9
85 Apasco 1,690.8 -9.0
86 Almacenes Coppel 997.5 28.4
87 Telefonica de Argentina 2,821.2 -47.5
88 Belgo Mineira 1,478.8 -21.1
89 Ultrapar 602.2 -28.4
90 Copesul 993.0 -14.7
91 Perdigao 851.1 -18.5
92 CST 2,127.0 -26.1
93 Corporacion Durango 1,730.3 -21.4
94 Souza Cruz 840.2 -10.7
95 Klabin 1,343.2 -29.7
96 ICA 1,373.3 -28.7
97 Cosipa 1,982.5 -21.4
98 Copel 2,419.0 -35.7
99 Siderar 927.0 -22.3
100 CGE 1,978.2 -3.4
SOURCE: Economatica, individual stock exchanges, BBVA Bancomer,
Interacciones Casa de Bolsa, IXE Casa de Bolsa, J.P. Morgan Chase,
Merrill Lynch, Santander Central Hispano Investment, Salomon Smith
Barney, UBS Warburg, LATIN TRADE N/A=Not available F=Forecast
TOP 25 BY PROFITS
Ranked by net income as of Dec. 31, 2002
RANK
this last
year year COMPANY COUNTRY SECTOR
1 1 Petrobras Brazil Oil, gas
2 2 Telmex Mexico Telecom
3 6 Repsol YPF Argentina Oil, gas
4 4 CVRD Brazil Mining
5 5 Cemex Mexico Cement
6 12 Wal-Mart de Mexico Mexico Retail
7 -- America Movil Mexico Telecom
8 -- Siderca Argentina Steel
9 10 Itausa Brazil Holding
10 15 AmBev Brazil Beverages
11 13 Grupo Modelo Mexico Beverages
12 9 Copec Chile Oil, gas
13 11 Embraer Brazil Aviation
14 3 Eletrobras Brazil Electricity
15 7 Telesp Brazil Telecom
16 8 Telecom Carso Global Mexico Telecom
17 14 Femsa Mexico Beverages
18 18 Souza Cruz Brazil Tobacco
19 20 KOF Coca-Cola Femsa Mexico Beverages
20 17 Antarchile Chile Holding
21 24 Gerdau Brazil Steel
22 16 Kimberly Clark de Mexico Mexico Paper, pulp
23 19 Grupo Carso Mexico Holding
24 -- Telemar Brazil Telecom
25 -- Petrobras Distribuidora Brazil Oil, gas
RANK
this NET INCOME
year COMPANY US$ millions
1 Petrobras 2,291.8
2 Telmex 1,897.5
3 Repsol YPF 986.4
4 CVRD 578.3
5 Cemex 523.7
6 Wal-Mart de Mexico 479.3
7 America Movil 446.2
8 Siderca 440.4
9 Itausa 435.1
10 AmBev 427.5
11 Grupo Modelo 409.8
12 Copec 383.6
13 Embraer 333.7
14 Eletrobras 311.4
15 Telesp 304.5
16 Telecom Carso Global 282.4
17 Femsa 275.1
18 Souza Cruz 271.9
19 KOF Coca-Cola Femsa 248.7
20 Antarchile 243.8
21 Gerdau 226.0
22 Kimberly Clark de Mexico 225.4
23 Grupo Carso 197.8
24 Telemar 194.5
25 Petrobras Distribuidora 191.2
TOP 25 BY ASSETS
Ranked by assets as of Dec. 31, 2002
RANK
this last
year year COMPANY COUNTRY SECTOR
1 1 Eletrobras Brazil Electricity
2 2 Itausa Brazil Holding
3 3 Petrobras Brazil Oil, gas
4 4 Enersis Chile Electricity
5 5 Telecom Carso Global Mexico Telecom
6 6 Telmex Mexico Telecom
7 7 Cemex Mexico Cement
8 11 America Movil Mexico Telecom
9 10 CVRD Brazil Mining
10 13 Endesa Chile Electricity
11 8 Repsol YPF Argentina Oil, gas
12 15 Grupo Minero de Mexico Mexico Mining
13 9 Tele Norte Leste Brazil Telecom
14 16 Alfa Mexico Holding
15 20 Antarchile Chile Holding
16 12 Telesp Brazil Telecom
17 21 Copec Chile Oil, gas
18 17 Grupo Carso Mexico Holding
19 -- Femsa Mexico Beverages
20 -- Wal-Mart de Mexico Mexico Retail
21 14 Telemar Brazil Telecom
22 -- Grupo Modelo Mexico Beverages
23 -- Grupo Televisa Mexico Media
24 18 Sabesp Brazil Water
25 22 Brasil Telecom Brazil Telecom
RANK
this ASSETS
year COMPANY US$ millions
1 Eletrobras 34,388.1
2 Itausa 32,448.1
3 Petrobras 27,526.7
4 Enersis 17,517.2
5 Telecom Carso Global 16,819.2
6 Telmex 16,367.7
7 Cemex 16,038.8
8 America Movil 10,968.7
9 CVRD 9,471.4
10 Endesa 9,055.1
11 Repsol YPF 8,717.1
12 Grupo Minero de Mexico 8,384.0
13 Tele Norte Leste 7,778.8
14 Alfa 6,994.5
15 Antarchile 6,388.0
16 Telesp 6,328.6
17 Copec 6,244.0
18 Grupo Carso 6,096.6
19 Femsa 5,818.5
20 Wal-Mart de Mexico 5,790.7
21 Telemar 5,776.8
22 Grupo Modelo 5,636.9
23 Grupo Televisa 5,476.2
24 Sabesp 4,622.3
25 Brasil Telecom 4,557.3
SOURCE: Economatica, individual stock exchanges, LATIN TRADE
|
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion