Announcements

    Drinks

      Scope withdraws its ratings on BK Group AG

      6/6/2023 Rating announcement EN

      Scope withdraws its ratings on BK Group AG

      Scope has ceased analytical coverage on BK Group AG due to business reasons.

      Scope affirms Corem Kelly’s issuer rating at BBB-/Stable

      5/6/2023 Rating announcement EN

      Scope affirms Corem Kelly’s issuer rating at BBB-/Stable

      The rating affirmation is mainly driven by the strong business risk profile exemplified by the company’s market position in Sweden, while balance sheet management through disposals and debt repayments is helping to safeguard credit metrics.

      Scope affirms BB rating on Evex Hospitals, with Stable Outlook

      5/6/2023 Rating announcement EN

      Scope affirms BB rating on Evex Hospitals, with Stable Outlook

      The rating affirmation reflects the company’s resilient operations, cash flow generation potential and ability to grow while maintaining moderate leverage.

      Scope upgrades Hafslund’s issuer rating to A- from BBB+ and maintains the Positive Outlook

      5/6/2023 Rating announcement EN

      Scope upgrades Hafslund’s issuer rating to A- from BBB+ and maintains the Positive Outlook

      The upgrade follows significant improvements in Hafslund’s financials, which are likely to last due to elevated power prices. Further upside is reflected by the Positive Outlook, assuming leverage does not exceed 2.0x beyond 2025.

      Scope withdraws Glitre’s ratings after the successful merger into Å Energi

      5/6/2023 Rating announcement EN

      Scope withdraws Glitre’s ratings after the successful merger into Å Energi

      The ratings are withdrawn following a monitoring of Å Energi AS, the surviving company of the merger of Agder Energi AS and Glitre Energi AS.

      Scope upgrades issuer rating of Å Energi (previously known as Agder Energi) to A-/Positive

      5/6/2023 Rating announcement EN

      Scope upgrades issuer rating of Å Energi (previously known as Agder Energi) to A-/Positive

      The upgrade is driven by prospects of sustained higher power prices, which strengthens Å Energi’s financials, in addition to an improved business risk profile. The Positive Outlook reflects further upside if leverage remain below 2.0x longer-term.

      Scope affirms TOMRA Systems ASA’s A-/Stable issuer rating

      2/6/2023 Rating announcement EN

      Scope affirms TOMRA Systems ASA’s A-/Stable issuer rating

      The affirmation reflects positive industry dynamics, strong market positions in key segments and markets, continued strong profitability and low leverage.

      Updated analytical report on Ceconomy AG

      31/5/2023 Monitoring note EN

      Updated analytical report on Ceconomy AG

      Following the recent affirmation of the BBB- issuer rating and the change in Outlook to Negative from Stable, Scope has updated its analytical report on Ceconomy AG.

      Scope has completed a monitoring review for Nitrogenmuvek Zrt.

      30/5/2023 Monitoring note EN

      Scope has completed a monitoring review for Nitrogenmuvek Zrt.

      The periodic review has resulted in no rating action.

      Scope affirms A/Stable issuer rating on Henkel AG & Co. KGaA

      30/5/2023 Rating announcement EN

      Scope affirms A/Stable issuer rating on Henkel AG & Co. KGaA

      The rating continues to reflect the very strong credit metrics despite profitability pressures from severe input cost inflation and divisional restructuring costs.