PEUGEOT: Fitch maintains its rating “BB” on Peugeot, with … – Bourse Les Echos

PARIS (Dow Jones) – Fitch Ratings has maintained its rating “BB” on Peugeot with a “stable” outlook, announced Tuesday the rating agency.

This reflects both maintaining continuous improvement in profitability and cash generation of the car manufacturer, and the other low potential savings still achievable by the group, which needs Fitch build alliances to reduce costs.

According to the nomenclature of the agency, a rating “BB” reflects a considered speculative debt.

– Ambroise Ecorcheville, Dow Jones Newswires; 33 (0) 1 40 17 17 71; ambroise.ecorcheville@wsj.com (ed / EC)

Dow Jones Newswires

October 20, 2015 12:14 ET (16:14 GMT)