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![Scope affirms MetMax Europe’s B+ issuer rating, changes Outlook to Negative](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_46245c9df6f610a41aa16e4d5386d2d5614285b6e990afc53772637b4828e1fe.jpg)
11/11/2022 Rating announcement EN
Scope affirms MetMax Europe’s B+ issuer rating, changes Outlook to Negative
The company's small size, customer concentration and weak product diversification constrain the rating. Good profitability and a moderate financial risk profile are supportive. Weaker credit metrics and rising downside risks drive the Outlook change.
![Scope assigns MetMax Europe Zrt. a first-time issuer rating of B+/Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_5b4346acc0c5ead6f2aa521bb5a2941a6803731b8b76d4c77dd088c858c56665.jpg)
27/10/2020 Rating announcement EN
Scope assigns MetMax Europe Zrt. a first-time issuer rating of B+/Stable
The company’s small size, customer diversification, and limited aftermarket activities are rating constraints. Profitability, a solid financial risk profile and cash subsidies from the state support the rating.