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![Scope affirms AXIÁL’s BB/Stable rating](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_82fa8fd6ecf6a6acaad46e31f1466ca23d347a6727e01faec04cb8d1ed728b20.jpg)
16/5/2022 Rating announcement EN
Scope affirms AXIÁL’s BB/Stable rating
The credit rating remains supported by the issuer's status as a top three agricultural machinery dealer in Hungary and its good credit metrics. Its small scale and lack of geographical diversification compared to European peers constrain the rating.
![Scope assigns a BB-/Stable first-time issuer rating to Hungarian company AXIÁL Kft.](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_60effc6a3b4173e936700c18444f3a655416fa5c73b326f53c8faf21c29b0a09.jpg)
9/6/2020 Rating announcement EN
Scope assigns a BB-/Stable first-time issuer rating to Hungarian company AXIÁL Kft.
AXIÁL's credit rating is supported by its status as a top-three agricultural machinery dealer in Hungary and its good credit metrics, but constrained by its small scale and lack of geographical diversification compared to European peers.