What is the actual contribution of CAC 40 firms to the French economic system? | EUROtoday

“My big company does not know the crisis,” might have sing Alain Bashung (1947-2009), to accompany the season with displays of the 2024 annual outcomes which has simply ended. She confirmed the putting distinction between, on the one hand, the efficiency of CAC 40 societies, and, on the opposite, French and European economies at half mast, geopolitical tensions on a number of fronts and the specter of an American president resolved to finish three a long time of free commerce. Looking on the inventory market facet is one of the best ways to search out optimism. The membership of 40 nationwide champions, whose members change every now and then in accordance with their efficiency, has as soon as once more distinguished by file income, an actual potential to sail in a posh financial scenario and to plant the tricolor flag in all places on the planet. International traders don’t doubt the potential of the Parisian index, as its efficiency testifies: + 64 % in ten years, + 10 % from the 1^er January.

In 2024, the cumulative turnover of firms that compose it amounted to 1,600 billion euros. It is nearly 50 % greater than the common of the 2010s. According to the audit agency EY, the profitability of the CAC 40 ought to proceed its trajectory. Its present working margin has already gone from 9.3 % on common between 2015 and 2019, to 13.1 % in 2023. Very removed from the extent of progress of the French economic system, which then capped at 0.9 %.

This disconnection raises a query: what’s the actual contribution of the CAC 40 to the French economic system? “Its success is undoubtedly good to morale, but one can wonder about its power of training or, on the contrary, of destabilization”raises the economist Olivier Passet.

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