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![Scope affirms BB-/Stable issuer rating on JSC Nikora](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_26462f5828324a33a6728933dab4eb0b583dbbee8a9ff8b2441c00cf78d80964.jpg)
29/8/2024 Rating announcement EN
Scope affirms BB-/Stable issuer rating on JSC Nikora
The affirmation continues to reflect a moderate business and financial risk profile. Resilient operating performance and stable growth are offset by the ongoing expansion strategy, which is set to further pressure cash flow and liquidity.
![Scope affirms JSC Nikora issuer rating at BB-/Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_8118c8469e8b0e53b7da45104de87b1be76822a8c3e1d7bb66fa699fcf790c68.jpg)
1/9/2023 Rating announcement EN
Scope affirms JSC Nikora issuer rating at BB-/Stable
The affirmation is supported by strong operating performance due to solid growth in the fast-moving consumer goods and retail business units. It also reflects strong investment plans limiting cash flow and liquidity improvement.
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