East Midlands’ top 500 companies see turnover rise 18% to £97bn

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Turnover of the top 500 companies in the East Midlands has risen by more than 18% year on year to £97bn, a new report reveals.

The annual East Midlands Top 500 Companies Index celebrates the contribution which the region’s biggest companies make to the economy – and this year marks a milestone as the EM Top 500 reaches its fifth anniversary.

The 2024 index was launched last night (June 20) at the East Midlands Chamber annual dinner by Professor David Rae, of De Montfort University Leicester (DMU), who leads the research team which meticulously compiles the index, in partnership with colleagues at University of Derby and Nottingham Trent University. It is supported by East Midlands Chamber and Cross Productions.

Top of the list for the fifth year running was Boots, the Nottingham-based health and beauty company, which recorded £7,467,000, although this was down from 2023’s £7,803,000.

Derbyshire car supermarket company Motorpoint entered the Top 10 for the first time after seeing turnover reach a record £1.3bn.

There were 84 new entrants on the list, compared to 97 who made the list for the first time in 2023. Top new entrants were employability firm Maximus UK, of Leicestershire, which entered at number

 link source - East Midlands Business Link General https://www.eastmidlandsbusinesslink.co.uk/mag/wp-content/uploads/2024/02/web-AdobeStock_582654594.jpg

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