Four Mauritian Companies in the Top 10 of the Top 500 of the Indian Ocean

This publication, which has just appeared, brings a new photograph of the regional economy, and demonstrates the resilience of Mauritian companies in a difficult economic environment. With a turnover of 347 million euros, Food and Allied is an example of success for a family business. The band GML ranks about him in 3rd place, with a turnover of € 697 million. Ireland Blyth Ltd on his heels in 4th place, with a turnover of € 504.1 million while that Air Mauritius occupies the sixth position with 452 million euros.

Eco Austral stresses we find the same headliners as last year. In pole position, the supermarket group Vindemia (subsidiary of Casino), which saw its turnover be reduced by 2.7% to 866 million euros. For its part, the Caribbean Bernard Hayot group increased by 3.2% (€ 785 million). 

The top 500 also highlights the strong presence of fuel sellers in the standings, as well as strong growth in telecommunications, especially in Reunion. Banks of the Indian Ocean, which have their own classification, are also in good shape. The Mauritius Commercial Bank and is, by far, the most profitable company in the area, with a net profit of over 108 million.

The magazine is finally the grip of oil companies in the region, and said that "the Indian Ocean is far from sustainable development." One of the this edition indeed "Oil are the law."

Note that the turnover of the companies on which the ranking is based however date from different years depending on business.

Whole list of the Top 500 (in .pdf)