CEOWORLD Magazine has released a report spotlighting Portugal's largest companies by market capitalization in 2024.
As of February 2024, EDP – Energias de Portugal emerges as the most valuable company in Portugal, boasting a market cap of $16.91 billion. The top five most valuable Portuguese companies were also unveiled, featuring globally recognized brands.
Following closely behind is EDP Renováveis with a market cap of $15 billion, securing the second position. Jerónimo Martins claims the third spot with $14 billion, while Galp Energia ranks fourth with $12 billion. Banco Comercial Português rounds out the top five with a market cap of $4.32 billion.
The comprehensive list includes other notable Portuguese companies:
EDP - Energias de Portugal, S.A.: $16.91 billion
EDP Renováveis, S.A.: $15.61 billion
Jerónimo Martins, SGPS, S.A.: $14.76 billion
Galp Energia, SGPS, S.A.: $11.95 billion
Banco Comercial Português, S.A.: $4.32 billion
The Navigator Company: $2.96 billion
Sonae - SGPS, S.A.: $1.82 billion
NOS, SGPS, S.A.: $1.75 billion
Mota-Engil, SGPS, S.A.: $1.70 billion
REN - Redes Energéticas Nacionais, SGPS, S.A.: $1.58 billion
Corticeira Amorim, SGPS, S.A.: $1.34 billion
Greenvolt - Energias Renováveis, S.A.: $1.21 billion
Semapa: $1.20 billion
Altri, SGPS, S.A.: $1 billion
Sonaecom, SGPS, S.A.: $896 million
CTT-Correios de Portugal, S.A.: $558 million
Ibersol, SGPS, S.A.: $298 million
Toyota Caetano Portugal, S.A.: $190 million
Ramada Investimentos e Indústria, S.A.: $182 million
Promontoria Macc 1x1 Socimi, S.A.: $178 million
These rankings showcase the diversity and strength of Portugal's corporate landscape, highlighting the significant contributions of these companies to the economy. Photo by Shatabisha, Wikimedia commons.