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![Scope affirms BB- issuer rating on Otthon Centrum Holding Kft. and revises the Outlook to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_ffc179201dc8284edb34ee7b96fa4e558262fb39272d89d7c07959c67316b490.jpg)
17/6/2024 Rating announcement EN
Scope affirms BB- issuer rating on Otthon Centrum Holding Kft. and revises the Outlook to Stable
The Outlook change reflects the expectation that despite pressure on profitability and leverage will remain in 2024, the metrics will sustain largely in line with Scope rating case.
![Scope affirms BB-/Stable issuer rating on Otthon Centrum Holding Kft.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_130d54aaab072b6ffc5036c7025336fc97f2800faecdf5055e44b08c48caf598.jpg)
15/11/2022 Rating announcement EN
Scope affirms BB-/Stable issuer rating on Otthon Centrum Holding Kft.
The rating affirmation follows a strong operational performance in H1 2022 and a net cash position at June 2022, but with signs of cooling demand for loan products and real estate in Hungary in H2 2022.
![Scope assigns BB-/Stable issuer rating to Otthon Centrum Holding Kft.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_538c0304f3347d854f6b3aabb839305d6d621f6e9c26d6fd590aa735df732cc1.jpg)
20/1/2021 Rating announcement EN
Scope assigns BB-/Stable issuer rating to Otthon Centrum Holding Kft.
The ratings are primarily driven by the company's strong domestic market position and above-industry-average profitability, but constrained by its small absolute size and overall dependency on real estate and loan transaction volumes.
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