France is home to some of the world’s most successful corporations, spanning various industries like luxury goods, energy, and banking. In 2024, these top French companies have generated impressive profits, positioning themselves as leaders in the global economy. Here’s a look at the 10 most profitable companies in France this year.
1. LVMH (Louis Vuitton Moët Hennessy) – $22.1 billion
As the world’s largest luxury conglomerate, LVMH dominates the fashion and lifestyle market, benefiting from high consumer demand for premium goods and strategic acquisitions.
2. TotalEnergies – $15.9 billion
A leader in the energy sector, TotalEnergies has expanded its operations into renewables and liquefied natural gas (LNG), securing high profitability amid the energy transition.
3. BNP Paribas – $13.8 billion
France’s largest bank has maintained strong earnings through global banking, asset management, and investments in financial technology.
4. Sanofi – $12.6 billion
One of the world’s largest pharmaceutical companies, Sanofi has seen significant success in vaccine production and treatments for rare diseases.
5. AXA – $10.9 billion
As a global insurance giant, AXA continues to generate strong profits by offering diversified insurance and financial solutions worldwide.
6. Airbus – $9.7 billion
With a growing demand for commercial and defense aircraft, Airbus has capitalized on the aviation industry’s recovery and innovation in aerospace technology.
7. Kering – $8.5 billion
A powerhouse in the luxury sector, Kering (owner of brands like Gucci and Balenciaga) has driven high profits through strategic marketing and expansion in global markets.
8. Orange – $7.2 billion
France’s top telecommunications company, Orange has thrived by expanding 5G networks and investing in digital services and cybersecurity.
9. Schneider Electric – $6.8 billion
A leader in energy management and automation, Schneider Electric has benefited from the rise in smart technology and industrial digitization.
10. L’Oréal – $6.5 billion
The global beauty leader continues to drive profitability with strong product innovation, digital marketing, and expansion into emerging markets.
France’s most profitable companies in 2024 showcase the country’s economic diversity and resilience. With strong performance in luxury, energy, finance, and technology, these corporations remain key players in the global market.
