The Financial Times has just published its FT1000, listing the 1,000 companies in Europe that have achieved the highest percentage growth in revenues between 2017 and 2020.Monaghan-based Bio-Marine Ingredients is the highest-ranking Irish company in 118th place.
Bio-Marine recorded CAGR of 129.18 per cent between 2017 and 2020, a period during which revenues jumped from €560,150 to €6.7 million.Group, a Mullingar-based specialist process and packaging business primarily focused on craft and artisan beverage producers. The company, which this week acquired the mobile canning business of Them That Can for an undisclosed sum, reported CAGR of 111.21 per cent between 2017 and 2020, during which turnover climbed to €4.04 million from €429,505.Systeme.
Swappie, a Finnish marketplace for refurbished smartphones, knocked Bulb Energy off the top spot this year, with a CAGR of 477 per cent., a Lithuanian digital healthcare company, comes in second with a 2017-20 revenue CAGR of 450 per cent. It was followed by OCI Group, a UK-based supply chain procurement business, which reported a CAGR of 409.6 per cent over the same period.
IrishTimes For companies in 2021 and it was ZERO last year !!
IrishTimes Almost like we have no economy of our own and rely 100% on foreign multinationals who abandon us every 10 years when there is an economic crash.