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Profitable North American vs. European food companies

Profitable food companies have historically been rewarded for their defensive, stable and predictable businesses with higher valuation multiples than the overall market. We select North American and European food & agricultural companies – 247 in total. We restrict the market capitalization to at least 300 million euros – 127 left A 10-year average return on equity of at least 15 % - 29 left We are left with 15 North American and 14 European companies We separate North American from European companies and rank them on their market values in descending order as follows:

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