6 April 2018
FT1000: The list of Europe’s fastest-growing companies
Europe is enjoying a sustained, if not evenly shared, recovery. Part of this expansion is being delivered by the start-ups and other fast-growing companies that are adding jobs, disrupting industries and spreading far beyond their home turf.
The FT 1000 lists the companies in 31 European countries that have achieved the highest compound annual growth rate in revenue between 2013 and 2016. Technology remains the best represented sector, contributing 155 companies to the list, with a food delivery company topping the list for the second year in a row: UK-based Deliveroo takes the place of Germany’s HelloFresh.
With Brexit approaching, London again heads the list of cities playing host to these companies, with 74 of Europe’s fastest-growing businesses, beating Paris with 62 and Milan’s 25.
Many businesses also disclosed their employee growth over the three-year period. They are led by London-based tech company Endava, which added more than 2,000 jobs.
The lowest average growth rate in the ranking this year was 34.6 per cent, up from 16.1 per cent last year.