Thursday, November 5, 2015

Faurecia: always rated “BB-” by Fitch – Boursier.com

(Boursier.com) – Fitch Ratings affirmed the credit rating “BB-” Faurecia for a future trend “stable”. The agency believes that the equipment is well positioned relative to its current category, given its economic profile. However, the company appears fairly low financial ratios, which reduce the file in the lower standard “BB”. Specifically, the Group improved its operating performance in 2014, and should continue to do so in 2015 in 2016. But its cash generation and several other credit metrics remain weak.

 A. B. – © 2015 Boursier.com
 

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