ITC is world's 6th largest value creator: BCG report - The Financial Express
September 22, 2010
Tobaco-to-FMCG major ITC has been ranked as the world's sixth largest sustainable value creator among consumer goods companies globally, according to a recent report by Boston Consulting Group (BCG).
Titled 'Threading the Needle: Value Creation in a Low-Growth Economy', the report uses a database of over 4,000 companies worldwide and presents detailed analysis of the total shareholder return (TSR) of 712 companies across 14 major industries for the five-year period from 2005 through 2009.
It also identifies the overall top 10 value creators and the top 10 in each of the industries studied.
The ranking takes into account only those companies that have been creating sustainable shareholder value for at least 10 years in a row. Performance was tracked across the 10-year period to evaluate the companies' staying power.
"The very best performers, those that make our annual rankings of the top 10 value creators by industry, will be companies that find ways to thread the needle, that is to combine increased cash payouts with above average profitablity growth in what is a much tougher and more competitive economic environment," the report said.
