Argus enters leading UK business league table
London, 2 October 2016
Global energy and commodity price reporting agency Argus Media has been listed in the annual “Sunday Times Grant Thornton Top Track 250” for the first time. The league table, published today in the Sunday Times, ranks the UK’s private-sector mid-market growth companies with the biggest sales.
Argus is in 12th place in the rankings in terms of profitability. Overall, Argus made a profit of £32.3mn for the 2014-15 financial year ending 30 June 2015, ranking it in 35th place in the table in terms of total profit. Argus ranks 227th in the table on the basis of revenue. To be considered for the league table, companies’ sales or profits must be growing by a minimum of 5pc/yr. Argus’ sales for the 2014-15 financial year grew by 15pc from a year earlier to £124.4mn.
Argus was also recognised as a leading exporter in the “Sunday Times HSBC International Track 200”, which was published in July. Almost 90pc of Argus’ sales are made outside the UK.
Argus Media executive chairman and publisher Adrian Binks said: “Our business continues to grow strongly as we launch new services for the commodity industry, develop existing products and innovate to create better delivery options and tools for our customers.”
Global growth equity firm General Atlantic completed a deal on 30 September to buy a majority stake in Argus, in an investment that values the company at nearly £1bn. The strategic partnership will fuel the next phase of global expansion.
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About Argus Media
Argus is an independent media organisation with more than 800 staff. It is headquartered in London and has offices in each of the world’s principal commodity centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.
Argus is a leading provider of data on prices and fundamentals, news, analysis, consultancy services and conferences for the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical, metals and transportation industries. Data provided by Argus are widely used for indexation of physical trade. Companies, governments and international agencies use Argus information for analysis and planning purposes.
Argus has 21 offices globally, including London, Houston, Washington, New York, San Francisco, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the commodity industries. Argus was founded in 1970 and is a privately held UK-registered company.
ARGUS, the ARGUS logo, ARGUS MEDIA, ARGUS DIRECT, ARGUS OPEN MARKETS, AOM, FMB, DEWITT, JIM JORDAN & ASSOCIATES, JJ&A, FUNDALYTICS, METAL-PAGES, METALPRICES.COM, Argus publication titles and Argus index names are trademarks of Argus Media Limited.