2013 Revenue Forecast for the Top Companies in Latin America
While firms in industries related to massive consumption and commodities will generally have a favorable performance, those in activities, such as telecoms and oil production will probably underperform. Important downside risks to our projections prevail.
The index fell 2.1 percent from 3Q11. Nevertheless Bimbo increased its revenue by 40 percent, Cencosud by 30 percent and Femsa by 23 percent. The fastest growing companies relied on their domestic markets and not on international markets.
The Latin Business Chronicle Multilatinas Index for 2Q12
Mexico's Grupo Alfa led the way in growth, with 46 percent.
Marfrig and Vale lead growth among multilatinas, the Multilatina Index shows.
Vale’s CEO Roger Agnelli, ousted by Brazil’s government, helped Vale outperform its multilatina peers.
Multilatinas like Vale outpace multinationals when it comes to revenue growth.
The multilatinas post higher growth than multinationals operating in Latin America.
