Infotech

The CAC 40 giants made record profits of 160 billion euros in 2021



Historical. Driven by the rapid recovery in global activity last year, CAC 40 companies made record profits last year. The French rating champions generated net income group share of more than 160 billion euros in 2021, four times more than in 2020, a year marked by the coronavirus pandemic. And again, two companies in the Parisian index, Alstom and Pernod Ricard, have a staggered fiscal year and are not taken into account. The previous record, dating from 2007, has been largely beaten. At the time, the CAC 40 as a whole had made nearly 100 billion euros in profits.

“An exceptional year,” enthuses Catherine Garrigues of AllianzGI. “All the activity that was not done in 2020 was postponed to 2021,” she said, referring to the need to “think over two rolling years”. Even by this yardstick, the comparison with 2019 remains very flattering: the cumulative net result has doubled in two years, with progress in almost all sectors. And this, while the increase in activity (+12%) remained limited over the period, with a cumulative turnover of 1.580 billion euros, again at its highest.

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