The UK’s top 10 companies by revenue in 2023 include Shell, BP, Prudential, Tesco, Vodafone, Rio Tinto, Legal & General, Unilever, HSBC, and AstraZeneca. These companies span various industries such as energy, insurance, retail, telecommunications, mining, financials, consumer goods, banking, and pharmaceuticals.
1. Shell
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $365290 Millions
Stock symbol: SHEL
Shell is a multinational company with its headquarters in The Hague, Netherlands. It was founded in 1907. Shell operates in more than 70 countries worldwide, making it a truly global entity. The company is primarily engaged in the exploration, production, refining, and marketing of oil and gas. Shell offers a wide range of products and services, including gasoline, diesel, lubricants, and petrochemicals. It is also known for its well-established brands such as Shell V-Power, Shell Helix, and Shell Eco-marathon.
2. BP
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $222680 Millions
Stock symbol: BP
BP is a multinational oil and gas company headquartered in London, United Kingdom. It was founded in 1909. With operations in over 70 countries, BP is involved in various activities such as exploration, production, refining, and distribution of oil and gas products. They also provide energy-related services and products, including fuels, lubricants, and petrochemicals. BP is known for its well-established brands like Castrol and Aral.
3. Prudential
Industry: insurance
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $129280 Millions
Stock symbol: PUK
Prudential, founded in 1875, is headquartered in Newark, New Jersey. It operates in multiple countries, with a presence in over 40 countries worldwide. Prudential’s main activities revolve around providing insurance, investment management, and retirement solutions. They offer a wide range of products and services, including life insurance, annuities, mutual funds, and asset management. Prudential is known for its brands such as Prudential Financial, PruLife, and Prudential Retirement.
4. Tesco
Industry: retail
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $82080 Millions
Stock symbol: TSCDF
Tesco is a multinational retail company headquartered in Welwyn Garden City, United Kingdom. It was founded in 1919. With operations in 13 countries, Tesco is primarily engaged in the retail industry, offering a wide range of products and services including groceries, clothing, electronics, and financial services. It operates under various brands such as Tesco Superstores, Tesco Express, and Tesco Bank.
5. Vodafone
Industry: telecommunications
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $69890 Millions
Stock symbol: VOD
Vodafone, founded in 1984, has its headquarters in London, United Kingdom. It operates in multiple countries, with a presence in over 25 countries worldwide. The company’s main activities revolve around telecommunications, providing mobile and fixed-line services, as well as internet and TV services. Vodafone is known for its diverse range of products and services, including mobile phones, broadband, and IoT solutions.
6. Rio Tinto
Industry: mining
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $63490 Millions
Stock symbol: RIO
Rio Tinto is a multinational mining and metals corporation headquartered in London, United Kingdom. It was founded in 1873. With operations in over 35 countries, Rio Tinto is a global leader in the extraction and production of iron ore, aluminum, copper, diamonds, and other minerals. The company’s main activities include exploration, mining, and processing of these resources. Rio Tinto is known for its diverse portfolio of products and services, and it operates under various brands such as Rio Tinto Iron Ore, Rio Tinto Aluminium, and Rio Tinto Diamonds.
7. Legal & General
Industry: financials
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $61350 Millions
Stock symbol: LGEN.L
Legal & General is headquartered in London, United Kingdom and was founded in 1836. It operates in multiple countries, with a presence in over 20 countries worldwide. The company’s main activities include providing financial services, insurance, and investment management. Legal & General offers a wide range of products and services, including life insurance, pensions, annuities, and asset management. It is known for its strong brand and reputation in the financial industry.
8. Unilever
Industry: consumer goods
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $58200 Millions
Stock symbol: UL
Unilever, founded in 1930, is headquartered in London, United Kingdom. It operates in over 190 countries worldwide. Unilever is primarily engaged in the production and distribution of consumer goods, including food, beverages, cleaning agents, and personal care products. Some of its well-known brands include Dove, Knorr, Lipton, and Magnum.
9. HSBC
Industry: banking
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $55990 Millions
Stock symbol: HSBC
HSBC, headquartered in London, was founded in 1865. It operates in numerous countries, with a presence in over 65 countries worldwide. The company’s main activities include banking and financial services, offering a wide range of products and services such as retail banking, commercial banking, wealth management, and investment banking. HSBC is known for its global presence and is recognized as one of the largest banking and financial services organizations in the world.
10. AstraZeneca
Industry: pharmaceuticals
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $45150 Millions
Stock symbol: AZN
AstraZeneca is a multinational pharmaceutical company headquartered in London, United Kingdom. It was founded in 1999. The company operates in over 100 countries worldwide. AstraZeneca is primarily engaged in the research, development, and manufacturing of prescription drugs. They specialize in areas such as oncology, cardiovascular, respiratory, and autoimmune diseases. Some of their well-known brands include Crestor, Nexium, and Symbicort.
More: The United Kingdom’s Economic System
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