Saturday, August 29, 2015

The 5 Largest Non-Utility Portuguese HQ'd Companies 2014 Total Audited Earnings Up 54% Over 2013, But Down 79% From 2007

From a review of the Google Finance Website and the financial statements in company investor relations websites, I found 6 Companies headquartered in Portugal with Stock Market Capitalizations of more than EURO 3 Bil.  Of these 6 Companies, one is a Utility Company.

Below here are the reported Audited GAAP Earnings (Losses) From Continuing Operations for each of  these 6 Portuguese HQ'd Companies reporting in Euros for all years reported from 2007 through 2014:


2014 2013 2012 2011 2010 2009 2008 2007

Most Audited Audited Audited Audited Audited Audited Audited Audited
Recent Net Net Net Net Net Net Net Net
2014 Income Income Income Income Income Income Income Income
Portugal Companies FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros
Non-Utility Companies








Jeronimo Martins SGPS SA Dec14          325          393          366          357          300          223          176          151
Galp Energic SGPS SA Dec14        (173)          189          343          433          452          347          117          720
EDP Renovaveis SA Dec14          178          169          136            91            83          118          112              6
Nos SGPS SA Dec14            75            64            37            35            37            46            52            52
Banco Comercial Portugues SA Dec14          (76)        (602)        (407)        (763)          404          249          258          619










Total all 5
         329          213          475          153       1,276          983          715       1,548










Earnings % Change








….. 2014 Above 2013
54%






….. 2014 Below 2007
-79%
















Utility Company








EDP-Energias de Portugal SA Dec14       1,264       1,194       1,182       1,332       1,235       1,168       1,221       1,020