25/10/2024 Rating announcement EN
Scope affirms B- issuer rating on Wellis and assigns Stable Outlook
The affirmation reflects the successful debt restructuring, which has reduced short-term liquidity concerns in addition to the improving operating profitability, despite the current sluggish global demand.
24/10/2024 Rating announcement EN
Scope affirms A- rating of Haugaland Kraft, revises Outlook to Negative
The rating action reflects higher-than-expected investments in 2024 and more moderate power prices, which are exerting downward pressure on the financial risk profile amid Haugaland Kraft's further growth ambitions.
23/10/2024 Rating announcement EN
Scope downgrades Trans-Sped’s issuer rating to B from B+ and revises the Outlook to Stable
The downgrade reflects deteriorating credit metrics, caused by weaker operating profitability amid more adverse market conditions, characterised by lower demand and increasing operating and personnel expenses.
22/10/2024 Rating announcement EN
Scope affirms BB-/Stable issuer rating on Otthon Centrum Holding Kft.
The affirmation reflects Scope’s expectation that the sale of part of the business, BXI Kft., which currently operates the real estate brokerage business in Budapest, will have no impact on credit metrics.
16/10/2024 Rating announcement EN
Scope affirms Abroncs Kereskedőház Kft.’s BB- rating and revises the Outlook to Negative from Stable
The Outlook change reflects deteriorating credit metrics in 2023 and the expectation of a slow recovery, with risk that leverage will remain at or above 4x for a prolonged period.
10/10/2024 Rating announcement EN
Scope affirms Duna Aszfalt Zrt.’s BB-/Stable issuer rating
Resilient operations in 2023, strong credit metrics and executed growth outside Hungary – which reduces reliance on a concentrated order book and partially mitigates the risk and impact of volatile cash generation – drive the affirmation.