Announcements

    Drinks

      Scope downgrades Casino’s issuer rating to B+/Stable from BB-/Stable

      27/1/2023 Rating announcement EN

      Scope downgrades Casino’s issuer rating to B+/Stable from BB-/Stable

      The downgrade reflects a weaking financial risk profile due to increased leverage and a difficult business environment in France.

      Scope affirms Sun Group Kft’s B+/Stable issuer rating

      25/1/2023 Rating announcement EN

      Scope affirms Sun Group Kft’s B+/Stable issuer rating

      The updated corporate strategy and financial policy are in line with the current rating levels.

      Scope affirms Eidsiva’s issuer rating at BBB+/Stable

      25/1/2023 Rating announcement EN

      Scope affirms Eidsiva’s issuer rating at BBB+/Stable

      The affirmation reflects Eidsiva’s continued competitive strength as Norway’s largest distribution grid operator, its low industry risk, and projected substantial capex and dividend payouts.

      Scope upgrades Global Refuse Holding’s issuer rating to BB-/Stable from B+/Stable

      24/1/2023 Rating announcement EN

      Scope upgrades Global Refuse Holding’s issuer rating to BB-/Stable from B+/Stable

      The upgrade is based on its improved financial risk profile amidst tough economic conditions and the well-integrated acquisition of Eltex Kft., although the limited size is still a rating constraint.

      Scope affirms Communication Technologies Kft.’s B+/Stable issuer rating

      23/1/2023 Rating announcement EN

      Scope affirms Communication Technologies Kft.’s B+/Stable issuer rating

      The ratings are driven primarily by the company’s low leverage and profitability and are somewhat constrained by its small size, low diversification and expansion-related execution risk.

      Scope upgrades B+N’s issuer rating to BB/Stable

      20/1/2023 Rating announcement EN

      Scope upgrades B+N’s issuer rating to BB/Stable

      The upgrade follows the removal of under review for a developing outcome after the delayed publication of B+N’s 2021 financial statements and reflects the group’s strong financial risk profile and attained stable project backlog.

      Scope affirms ENSI Kft.’s B+/Stable issuer rating

      19/1/2023 Rating announcement EN

      Scope affirms ENSI Kft.’s B+/Stable issuer rating

      The affirmation is driven by an improving order book and a solid financial risk profile, despite operating margins coming under pressure from project delays in a more challenging business environment.

      Scope affirms Orkla’s A-/Stable issuer rating

      11/1/2023 Rating announcement EN

      Scope affirms Orkla’s A-/Stable issuer rating

      Good competitive positioning in the Nordics, business diversification and still strong financial metrics offset rising inflation pressures and indebtedness.

      Scope has updated its analytical report on Mercedes-Benz Group AG

      10/1/2023 Monitoring note EN

      Scope has updated its analytical report on Mercedes-Benz Group AG

      Monitoring review announcement

      Scope upgrades 4iG’s issuer rating to BB-/Stable

      6/1/2023 Rating announcement EN

      Scope upgrades 4iG’s issuer rating to BB-/Stable

      The upgrade reflects improved competitive positioning with the acquisition of Vodafone Hungary, and slightly improved credit metrics. The rating is still constrained by execution and integration risks due to numerous acquisitions in the telecoms industry