Announcements
Drinks
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.
21/12/2021 Monitoring note EN
Scope has completed a monitoring review for Otthon Centrum Holding Kft.
Scope takes no action on ratings for Otthon Centrum Holding Kft. as it expects the company to continue to pursue a debt-funded acquistion led growth strategy with leverage in line with previous expectations.
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.