The companies that are part of the Ibex 35 they had an aggregate attributable profit of 42,005 million euros in 2018. This amount is 0.07% lower than that registered in 2017. The stagnating gains are mainly due to the impact of the provisions made by Naturgy and Ferrovial to update the value of your assets. Not counting the extraordinary effect of these accounting notes, the net result of the other large listed Spanish companies grew by 12.5% last year.
Unlike other exercises, in which corporate accounts were supported by cost adjustments, in 2018 the results were driven by an improvement in billing. The aggregate turnover of the Ibex companies stood at 502,243 million euros, an amount that represents an improvement of 4.84% when compared to the turnover of 2017. In addition, the good performance of the Spanish economy made it possible for the revenues generated in the domestic market will grow, for the first time in a long time, more than the sales made in the international markets. Another fact that shows the good health of the business activity is the result of exploitation. This item, which shows the organic evolution of the business (grosso modo: revenues minus sales) improved by 3.81% in 2018 and stood at 69,821 million. Leaders
The Ibex 35 company with the highest revenue in 2018 was ArcelorMittal. The turnover of the steel group amounted to 66,930 million euros, 10.7% more than in 2017. After the giant with headquarters in Luxembourg, were Banco Santander and Repsol which invoiced 54,324 million and 49,873 million, respectively. In the benefits chapter, the leadership corresponded to Banco Santander. The entity chaired by Ana Botín won 7,810 million euros. The second place in the classification of benefits was for BBVA (5,324 million) and the third place was held by ArcelorMittal with 4,532 million.
Only three Ibex 35 companies closed the 2018 fiscal year with red numbers. The largest losses (2,821 million) corresponded to Naturgy as a result of the impairment of assets in its generation business in Spain, a note made in the first half of the year. Another accounting effect also put Ferrovial in the red. The company controlled by the Del Pino family generated losses amounting to 447 million, mainly due to the provisions made in updating the value of Amey, the head of its business in the United Kingdom as a previous step to the sale of its division. services. In the case of Cellnex, the annual losses of 2018 were 14.98 million.