Global 500

Rank
22
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Trafigura Group

Global 500 2019-Trafigura Group
A motorcyclist rides past a gas station operated by Essar Oil Ltd., now known as Nayare Energy Ltd. - jointly owned by Rosneft Oil Co. and Trafigura Group Pte., in Jamnagar, Gujarat, India, on Thursday, April 27, 2018. The refinery was the crown jewel in a blockbuster $13 billion acquisition that, at the time, represented the largest foreign direct investment in India's history. The deal marked Trafigura's coming of age. Photographer: Dhiraj Singh/Bloomberg via Getty ImagesDhiraj Singh—Bloomberg via Getty Images
  • Previous Rank
    32
  • Revenues ($M)
    180744.10
  • Revenue Percent Change
    32.5
  • Profits ($M)
    849.2
  • Profits Percent Change
    0.2
  • Assets ($M)
    53801.00
  • Employees
    4316

The privately held trading house—which mainly deals in metals and oil—had a mixed year, as revenue climbed by about one-third but profits remained essentially flat. The stall in profit growth was largely due to losses in a bumpy oil market, the company said. By contrast, the metals business was boosted by rising prices of industrial staples such as zinc and lead. In December, Trafigura faced unwelcome scrutiny when it was drawn into an expanding corruption probe by authorities in Brazil into past dealings between commodities traders and the Brazilian state oil company, Petrobras. In a statement, Trafigura said that it takes the allegations seriously, that current management had no knowledge of improper activity, and that it has a zero tolerance policy on bribery and corruption.

Company Information

CEOJeremy Weir
SectorWholesalers
IndustryTrading
HQ LocationSingapore
Websitewww.trafigura.com
Years on Global 500 List5
Employees4,316

Key Financials (Last Fiscal Year)

Revenues ($M)$180,744.1
Profits ($M)$849.2
Assets ($M)$53,801
Total Stockholder Equity ($M)$5,921.4

Profit Ratios

Profit as % of Revenues0.5%
Profits as % of Assets1.6%
Profits as % of Stockholder Equity14.3%