Will Europe Impact These Multinational Companies?
For investors concerned about the European crisis, CNBC compiled a list of multinationals with the most overseas exposure.
“The European situation has already impacted S&P companies’ revenue,” said Richard Peterson, Director of Research Strategy at S&P Capital IQ.
“Last year, for example, Europe accounted for 14 percent of revenues, while that figure stood at 29 percent in 2010.”
Here are some companies that have the most exposure to Europe and how they have fared in the last six months.
As a group, these companies are down -0.6 percent, compared to a 6.9 percent gain for the S&P index year-to-date.
(Note that Coca-Cola Enterprises (CCE)—the international distributor for Coke—should not be mistaken for The Coca-Cola Company (KO). CCE markets in Belgium, France, Britain, Luxembourg, Monaco, Netherlands, Norway and Sweden.)
*A previous version of this story placed VF Corp's revenue from Europe at 34 percent. The actual value is about 22 percent. The 34 percent includes all international revenue, not just Europe.