No companies from the Amsterdam stock market’s AEX blue chip index are tagged ‘High Performance Business’ in a new report by Accenture on world’s biggest firms because they ‘are clearly under the level of their competitors’, the consultancy group says.
Two-thirds of AEX companies underperform in comparison with their competitors, Accenture says. Many of them still have ‘considerable fat’ on their bones, said spokesman Wouter Koetzier.
According to news agency ANP, the average AEX profit growth is 3% higher than that of sector peers, but turnover growth trails by 18%.
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