Announcements

    Drinks

      Scope affirms Tranzit Food Kft.’s issuer rating at BB- and revises the Outlook to Stable

      4/6/2024 Rating announcement EN

      Scope affirms Tranzit Food Kft.’s issuer rating at BB- and revises the Outlook to Stable

      The Outlook change reflects the current pressure on operating profitability from the weakening end-market demand, while credit metrics remain sustained at a strong level, indicating the resilience of the financial risk profile.

      Scope affirms Tranzit Food Kft.’s issuer rating at BB- and revises Outlook to Positive

      8/6/2023 Rating announcement EN

      Scope affirms Tranzit Food Kft.’s issuer rating at BB- and revises Outlook to Positive

      The improved Outlook reflects the good results in 2022 and the low leverage. The rating is still held back by the company's small size and weak diversification.

      Scope downgrades Tranzit Food Kft.’s issuer rating from BB/Stable to BB-/Stable

      17/6/2022 Rating announcement EN

      Scope downgrades Tranzit Food Kft.’s issuer rating from BB/Stable to BB-/Stable

      Scope Ratings has downgraded corporate issuer rating of Hungary-based Tranzit Food Kft. from BB to BB-/Stable. The agency has also downgraded its senior unsecured debt rating to BB-.

      Tranzit Food’s new bond issuance leaves BB/Stable rating unchanged

      16/6/2021 Monitoring note EN

      Tranzit Food’s new bond issuance leaves BB/Stable rating unchanged

      Scope has completed a rating review of Tranzit-Food Kft. following the recent news of an upcoming Hungarian National Bank (MNB) bond under the MNB Bond Funding for Growth Scheme.

      Scope affirms BB/Stable issuer credit rating to Hungary-based Tranzit-Food Kft

      6/11/2020 Rating announcement EN

      Scope affirms BB/Stable issuer credit rating to Hungary-based Tranzit-Food Kft

      The credit rating mainly reflects Tranzit’s leading market position in the Hungarian goose processing industry, solid profitability and manageable leverage. The rating is held back by the company's small size and rather weak diversification.

      Scope assigns first-time issuer credit rating to Hungary-based Tranzit-Food Kft.

      22/10/2019 Rating announcement EN

      Scope assigns first-time issuer credit rating to Hungary-based Tranzit-Food Kft.

      The credit rating mainly reflects Tranzit’s leading market position in the Hungarian goose processing industry, solid profitability and manageable leverage. The rating is held back by the group's small size and rather weak diversification.