S&P: Guardian Industries view stable

Standard & Poor's said it revised the outlook on Guardian Industries Corp. to stable from negative and affirmed the A long-term corporate credit rating and raised the short-term ratings to A-1 from A-2.

The actions reflect the company's improved financial performance and expectations that its financial risk profile will remain in line with an A rating, according to the agency.

For the 12 months ended June 30, the company's total debt-to-EBITDA ratio was 1.8 times.

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