Citi: Australia's top four firms

From the AFR:

Four Australian companies have earned a place in Citi’s 2014 World Champions list joining a host of global giants such as Apple, Google and Starbucks.

Bloods products maker CSL, medical devices group Resmed, share registry company Computershare and job advertisement site Seek were named in Citi’s list of the world’s top 50 companies.

Citi analysts said the World Champions basket was ‘‘typical high quality strategy’’, with strong earnings per share growth and high cash flow.

Offshore industrials, all. Here’s the list:

Good to see the Americans value them even if we don’t.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.

Citi: Australia’s top four firms