Announcements
Drinks

8/6/2022 Rating announcement EN
Scope affirms BB rating on Evex Hospitals, with Stable Outlook
The rating affirmation reflects Evex’s resilient operations, cash flow generation and moderate leverage. The rating continues to be constrained by limited scale and high dependence on government-funded revenue streams.

7/7/2021 Rating announcement EN
Scope affirms BB/Stable issuer rating on Evex Hospitals
Scope's rating affirmation reflects Evex's solid operating cash flow generation and conservative liquidity management. The rating continues to be constrained by limited scale and high dependence on government-funded revenue streams.

11/7/2019 Rating announcement EN
Scope assigns initial issuer rating of BB to Georgian JSC Evex Hospitals, with a Stable Outlook
The credit-positive characteristics of the healthcare services market, the company’s strong operating profitability and market shares in Georgia, and Scope’s expectation of a rapid improvement in financial metrics equally support the ratings.
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