One third of the top 30 investor relations teams in Brazil are new additions from last year's list.
Brazil’s brilliant investor relations teams have changed substantially since last year with a third of the top 30 investor relations teams differing from the previous year’s Brazil investor perception study
Kroton Educational and Itaú Unibanco held their top two positions from the previous year.
Analysts have been particularly impressed by Kroton, who has risen in the rankings over the past few years. 'Kroton has evolved a lot in its relationship with investors,' a portfolio manager said. 'The company has been a qualitative improvement in their events organizations and quality transmitted information.'
'Itaú Unibanco has a excellent platform on its website with easy to access techonolgy for any investor,' said a buy side analyst.
They were followed by Anima, Arezzo, WEG, Cielo and Lojas Renner in the next five ranking positions.
The 10 new entries for 2016 included three companies that made it into the top 10. These were Fleury, a leading healthcare company; ABC Brasil, a commercial and instutional bank; and Klabin, the biggest paper producer, exporter and recycler in Brazil which were eighth, ninth and tenth respectively.
An analyst from a Brazilian Bank, Brazil Plural, said ABC Brazil’s spot in the rankings was particularly notable. 'Unlike large banks that can more easily navigate the crisis by having a greater range of services resulting in greater resilience,' said Eduardo Nichio. 'Many small banks closed capital or the operation itself.'
The other new entries into the general top 30 were Ser Educação, BM&F Bovespa, Telefonica Brasil, CVC Brasil, Magazine Luiza, BTG and Tractebel.
The Brazil Top 30 rounds out IR Magazine’s worldwide rankings, which include the US Top 100, Canada Top 50, Asia Top 50 and Euro Top 100. The aim of these rankings is to recognize companies that perform well overall.
The award winners and Top 30 companies are based on the annual survey of Brazilian investors and analysts by the research unit of Fundação Getúlio Vargas (FGV), Instituto Brasileiro de Economia, which was commissioned by IR Magazine in partnership with Revista RI and with the support of IBRI, Brazil’s IR society.
Check out the full study here.
