For the fourth year in a row, the Financial Times compiled with Statista, an independent research company based in Germany, FT 1000 – the annual list of Europe’s fastest-growing companies. This list includes European companies that achieved the highest compound annual growth rate in revenue between 2015 and 2018. The ranking suggests that the most nimble and innovative companies are thriving.
Competition at the top was tougher this year, with companies requiring a minimum growth rate of 38.4% to make the list, compared with 37.7% last year.
The ranking reflects the growing importance of technology, which dominates the list with 189 entrants. Most winners come from Germany, closely followed by Italy, the UK, and France, with these four nations accounting for about 70% of the overall ranking. Although London retains its lead as the city with the greatest number of fast-growing companies, Paris and Milan follow closely, while Warsaw and Vilnius make the top 10 for the first time.
Landing a place halfway through the ranking comes shortly after achieving the 89th place in the Italian 400 fastest-growing companies list, a ranking compiled by Il Sole 24 Ore, the Italian financial newspaper of reference, in collaboration with Statista. This list includes small/medium companies with the highest compound annual growth rate in revenue, led by organic business development supported by robust organizational skills and execution.
In the words of the Co-Founders and Partners of Awair, Gianfranco Gennaro, Francesca Antonini, and Andrea Facchini, “it would be unfair to celebrate this milestone without acknowledging the outstanding support that Hogan Assessments has given our company since day one. When we became a Hogan Authorized Distributor in 2015, Italy was yet uncharted land, but organizations and Independent Consultants have fallen rapidly in love with such a broad range of science-based, data-driven, and highly predictive tools.”
The FT 1000 list demonstrates that despite the array of obstacles to growth in recent years in Europe stemming from economic uncertainties in the Western Markets, growth is still possible. Customers reward trusted business partners such as Awair when they recognize clear thought leadership, outstanding quality of services and products, flawless execution, as well as client service.
*This is a guest blog post authored by Giulia Sacchi, marketing & communications coordinator at Awair.