As part of its institutional mission, CASES will publish on July 15th the annual ranking of the Top 100 Cooperatives in Portugal for the year 2023. As in previous editions, this report presents the most relevant statistical data on the Top 100 Portuguese Cooperatives, ranked by Turnover, and on the Top 20 Credit Cooperatives, ranked by Total Net Assets. The report also highlights the Top 5 Cooperatives by Branch, including entities that are not part of the Top 100 overall ranking.
The report continues to present the main economic and financial ratios, comparative analyses with the 2022 ranking and national economy data, as well as the contribution of these cooperatives to the United Nations Sustainable Development Goals (SDGs), particularly SDG 5 – Gender Equality and SDG 8 – Decent Work and Economic Growth.
In this edition, CASES outlines that in 2023, the combined turnover of the Top 100 Cooperatives exceeded 3.55 billion euros, reflecting an 8% growth compared to the previous year. These cooperatives employed 8,590 workers, 47.6% of whom were women, maintaining a trend close to gender parity.
Regarding the Top 20 Credit Cooperatives, the report highlights a total net asset value of over 24.76 billion euros (+2.2% compared to 2022) and the creation of 2,199 jobs. Their Financial Margin more than doubled compared to the previous year’s list, Banking Revenue increased by 84%, and Net Results grew by almost 180%. All entities recorded increases in these key economic and financial indicators.
With this ranking, CASES reaffirms its commitment to promoting the Portuguese Cooperative Sector, contributing to its recognition as a key pillar of the country’s economic and social development.
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