Allianz takes top prize at IR Magazine Europe Awards 2012
Allianz won the top prize to be Europe’s best company in investor relations. Beating last year’s winner BASF, Allianz won the grand prix for best overall investor relations in the large-cap category.
At the festive, black-tie awards ceremony on Tuesday night in London, the German insurer Allianz was the biggest winner, collecting four awards, including best investor relations by country – Germany, best investor relations by sector – insurance, and best investor relations officer – large cap.
Though losing out on the top prize to Allianz this year, BASF did not go home empty-handed. It collected three awards in total, including best corporate governance and disclosure. Unilever and Novo Nordisk, the other two companies vying for the grand prix for best overall investor relations in the large-cap category, also collected three awards each.
In the mid-cap category, the grand prix for best overall investor relations went to Lanxess, the German specialty chemicals group. In the small-cap category, Metsä Board Corporation, a producer of fresh forest fibre carton boards, won the grand prix for best overall investor relations.
The sponsors of the IR Magazine Europe Awards 2012 are (in alphabetical order) Arkadin Global Conferencing, BNY Mellon Depositary Receipts, Business Wire, Davy, International Capital Connections, the Investor Relations Society, IR.soft, NASDAQ OMX and OTCQX.
Euro Top 100
Allianz also took the top spot in the Euro Top 100 ranking. Each year, the points from all the awards categories are added up to form a ranking of the best IR departments across Europe.
The insurer's strong performance saw it rise 16 places from last year to take the number one spot in 2012, pushing last year's top ranked company, BASF, into second. Making up the rest of the top five are Unilever, Novo Nordisk and Kingfisher.
To find out why the winners won, take a look at IR magazine’s Investor Perception Study, Europe 2012, a research report featuring detailed profiles of the winning companies.