« Europe’s high-growth companies are facing another year of slower progress as the pandemic continues to constrain business activity.
Delayed recoveries in demand across the continent’s economies, along with the headwinds wrought by Brexit, complicate the battle to survive this challenging period. Half of all European companies have reported a revenue or profit decline in the past 12 months and do not expect any improvement in the coming year, according to consulting firm Accenture.
But the fifth annual FT 1000 ranking shows the rapid growth rates that some aim to restore: it provides a snapshot of Europe’s most promising growth businesses in the weeks before coronavirus took hold.
Whether this past strength can translate into resilience as national vaccination programmes gather pace and economies start to recover will be explored in an in-depth FT 1000 report, due to be published on March 22.
The FT 1000, compiled with Statista, a research company, lists the European companies that achieved the highest compound annual growth rate in revenue between 2016 and 2019. The minimum CAGR to make the list was 35.5 per cent this year, slightly lower than last year’s 38.4 per cent.”
We’re thrilled to be featured in this year’s #FinancialTimes top 1000 #fastestgrowing European companies!
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