S&P alters Unither view to stable

S&P said it revised its outlook for Unither to stable from negative and affirmed its B ratings.

“We expect Unither will generate revenue of €370 million-€380 million in 2022, thanks to a rebound in orders driven by increasing demand and good underlying market dynamics,” S&P said in a press release.

The agency said it forecasts Unither’s S&P Global Ratings-adjusted debt to EBITDA remaining under 5x and positive FOCF over 2023.

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