26
The Market Environment
Annual
Report 2013
BME
Internationalisation of listed companies.
Exports reach a record 62%.
Although the total turnover of Spanish companies listed
on the main stock exchange in the first six months of 2013
was down 2.41% year-on-year at €251.56 billion, exports
played a strong role in supporting this, offsetting the fall in
domestic revenues. Whilst domestic revenues fell 6.7% in
the period, exports increased by 0.46% to €155.48 billion.
The figures show that 61.79% of the sales revenues of
most listed Spanish companies come from exports, one
point up on 2012 and a historic peak for this indicator.
Listed Spanish companies are finding export markets to
be a significant source of stability and growth, capable of
mostly offsetting the weakness of domestic consumption.
There can be little doubt that listing on a market enhances
a strategy based on competitive products and services,
strong brand value and increased visibility abroad, facili-
tating funding and export revenues.
The decision by many Spanish companies to pursue inter-
national expansion has made many of them into leading
multinationals, with leading positions in many countries
and sectors, and export revenues exceeding domestic
revenues for more than half of such companies. 35 of
these companies -of which there are over one hundred-
make over 75% of their revenues outside Spain’s borders.
By sectors, technology and telecommunications have the
largest weight in the export sector, with average revenues
from abroad accounting for more than 75% of their turn-
over, despite a slight decline in their weight as a whole
during the first six months of the year.
Turnover distribution by Market in the first half of 2013
(Companies listed on the main market)
Total
Million euros
Structure (%)
1H 13 / 1H 12
Turnover
251,560
100.00
-2.41%
Dom. market
96,123
38.21
-6.71%
Exp. market
155,437
61.79
0.46%
EU
48,289
19.20
-0.58%
OECD (ex EU)
42,791
17.01
2.28%
Other
64,357
25.58
0.07%
Export market
Million euros
Structure (%)
1H 13 / 1H 12
Exp. market
155,437
100.00
0.46%
EU
48,289
31.07
-0.58%
OECD (ex EU)
42,791
27.53
2.28%
Other
64,357
41.40
0.07%
1...,16,17,18,19,20,21,22,23,24,25 27,28,29,30,31,32,33,34,35,36,...236