Announcements

    Drinks

      -
      B+ Outlook: None
      B+ Outlook: None
      Latest change
      Downgrade
      15/03/2023
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Rigel Scheller Lead analyst
      Olaf Tölke Committee chair
      Scope downgrades Vasútvill's issuer rating to B+/Negative from BB-/Negative

      15/3/2023 Rating announcement EN

      Scope downgrades Vasútvill's issuer rating to B+/Negative from BB-/Negative

      The downgrade reflects a deterioration of the financial risk profile due to a significant decline of the order backlog. The Outlook is Negative amid headwinds including the low order intake and an unsupportive macroeconomic environment.

      Scope affirms BB- issuer rating of Vasútvill Kft. and revises Outlook to Negative

      14/6/2022 Rating announcement EN

      Scope affirms BB- issuer rating of Vasútvill Kft. and revises Outlook to Negative

      The Outlook change is driven by the shrinking construction backlog that could lead to lower revenues and thinner profit margins.

      Scope affirms BB-/Stable issuer rating on Vasútvill Kft.

      12/7/2021 Rating announcement EN

      Scope affirms BB-/Stable issuer rating on Vasútvill Kft.

      The affirmation reflects Vasútvill's niche market position, long track record and healthy financial metrics. The rating is held back by the company's small size, concentrated backlog and customer portfolio as well as weakened profitability.

      Scope Ratings has today assigned a first-time issuer rating of BB-/Stable to Vasútvill Kft.

      7/7/2020 Rating announcement EN

      Scope Ratings has today assigned a first-time issuer rating of BB-/Stable to Vasútvill Kft.

      The rating is supported by the company's niche market position, long track record, and healthy financial metrics. The company's small size as well as its concentrated backlog and customer portfolio are the main constraints.

      Date Title