Business Chief Europe Magazine April 2018 | Page 81

‘ A recent agreement between AXA and transportation giant Uber is expected to promote further growth ’

08 www . total . com

Total $ 127.93bn

Total , France ’ s largest oil and gas conglomerate , reported a total revenue of $ 127.93bn in 2017 . At 10.8 %, Total experienced the second-most severe revenue decrease in the top 10 , in keeping with the industry as a whole , but experienced a profit growth of 21.8 %. In April 2018 , Total took ownership of the Lapa and Santos Basin oil fields from Petrobas , as part of a $ 1.95bn alliance deal . Expansion across multiple holdings is expected to add over 200,000 barrels of crude per day to the company ’ s production capacity .

07 www . axa . co . uk

AXA $ 143.7bn

With a reported revenue of $ 143.7bn , France ’ s largest insurance company AXA experienced revenue growth of 11.2 %, the largest of any company on the list . Company profits have grown steadily at 3.5 %, and a recent agreement between AXA and transportation giant Uber is expected to promote further growth . The new deal provides more comprehensive cover to Uber ’ s drivers for “ medical expenses , disability indemnities , and survivor benefits in case of an accident ”.
‘ A recent agreement between AXA and transportation giant Uber is expected to promote further growth ’
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