Research categories
BEST FINANCIAL REPORTING
1 Allianz ‘Allianz’s consistency of information is superb: you can go back years and compare. Disclosure is good and it reports quarterly’ – UK, sell side ‘Allianz provides exactly the financial information we need: nothing more, nothing less’ – UK, sell side ‘Efficient and clear reporting from Allianz’ – UK, buy side 2 Novo Nordisk ‘Novo Nordisk is helpful and IR is reactive and good around quarterly reporting’ – UK, sell side ‘Novo Nordisk’s IR provides a lot of clarity on sales and is very helpful’ – UK, sell side 3 Intesa Sanpaolo ‘Intesa Sanpaolo is the national champion of reporting. This is as a result of many years in the same business and at the top of the game’ – Italy, buy side BEST FINANCIAL REPORTING 4 Roche Holdings ‘Roche provides lots of useful info in its annual report. We get good access to senior managers, who answer questions well and can explain everything about drug pricing’ – UK, sell side 5 Nestlé ‘Nestlé publishes a lot of financial figures and provides good segmental information’ – Switzerland, sell side 6 AstraZeneca ‘We appreciate the detail in AstraZeneca’s financial reporting’ – UK, sell side ‘The clear detailed information contained in AstraZeneca’s financial reporting, along with frequent updates that are easy to update, make it stand out’ – UK, sell side 7 UniCredit ‘UniCredit has the best disclosure in its reporting. It sets the standard among the banks, with the best guidance and outlook’ – UK, buy side 8 Iberdrola ‘Iberdrola’s financial reporting has the most complete detail’ – Spain, sell side ‘Iberdrola provides more information and provides it more clearly than other companies’ – Spain, sell side 9 ASML ‘The reporting at ASML is top tier in terms of quality and quantity’ – France, buy side ‘ASML is ahead of the pack for clear financial reporting’ – Switzerland, sell side 10 BASF ‘The all-round package at BASF is first rate. Reporting is detailed and consistent, senior managers are available and each member of the large IR team is knowledgeable. Neither management nor IR is afraid to answer difficult questions’ – UK, buy side
