Page 5 - Bloomberg Businessweek - November 19, 2018

Bloomberg Businessweek The Year Ahead 2019 50 Companies to Watch

13 Deutsche Bank AG ▼ DBK GR

Est. sales Est. EPS Total 12-month 1-year total Female board
Banking growth 37.4% assets sales return membership
growth
$1.7t
-4%
30%
$31b
-39.3%
Deutsche Bank must execute on a revamp that aims Revenue
to focus on core strengths and boost profitability. The FICC sales & Equity Global Private &
key challenge is stabilizing trading, which accounts for trading sales & trans- commercial bank
a significant share of its revenue, while scaling back its 22% trading action 39%
global investment banking ambitions. 8% banking
Origina- 15%
tion &
advisory
8% Asset management 9%
DATA: BLOOMBERG INTELLIGENCE

14 Energy Transfer LP ▼ ET US

Est. sales Est. EPS Total 12-month 1-year total Female board
growth
membership
growth
return
sales
assets
Energy 18.8% 48.8% $87b $47b -6.3% 0%
It was a question of when, not if. By uniting Energy change lowers capital costs and boosts project returns,
Transfer Partners with Energy Transfer Equity in August, setting Energy Transfer up for what’s likely to be a year
founder Kelcy Warren has made the natural gas and of aggressive expansion.
propane company a far more formidable player. The
15 Fannie Mae/Freddie Mac ▼ FNMA US 87
▼ FMCC US
Financials Est. sales N/M Total 12-month 1-year total Female board
Est. EPS
assets*
growth
return*
sales*
membership
growth
25%
$5.3t
-58.5%
$195b
N/M
*TOTAL ASSETS AND 12-MONTH SALES DATA ARE COMBINED FANNIE/FREDDIE FIGURES; 1-YEAR TOTAL RETURN IS AN AVERAGE OF THE TWO.
Key court rulings are expected in 2019 concerning the and a new uniform mortgage-backed security, may
constitutionality of directing Fannie’s and Freddie’s give the Trump administration the ammunition to argue
profits to the Department of the Treasury, as well as the for returning the companies to private ownership. A
structure of the Federal Housing Finance Agency. The downturn in housing markets would test the resilience of
companies’ post-financial crisis reforms, including risk the government-sponsored enterprises and disrupt the
transfers to private investors, smaller balance sheets, push for privatization.
16 Fast Retailing Co. ▲ 9983 JP
Est. sales Est. EPS Total 12-month 1-year total Female board
Apparel growth 11% assets sales return membership
growth
0%
54%
8.9%
$15b
$19b
Fast-fashion company with the most stores, by country The Japanese company is ramping up overseas
◼ Fast Retailing ◼ H&M ◼ Inditex expansion in a bid to overtake Inditex and H&M as the
world’s biggest apparel retailer by revenue. Its push
abroad means Uniqlo’s international operations should
account for a majority of Fast Retailing’s sales and
operating profit within the next one to two years.

DATA: COMPANY REPORTS