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Prospect News home > News index > List of issuers K > Headlines for KION Group AG > News item |
Fitch affirms KION Group
Fitch Ratings said it affirmed KION Group AG's long-term issuer default rating at BBB-.
The outlook is stable.
“The ratings reflect KION's relatively strong financial profile, which is broadly in line with a BBB+ rating for a capital goods company, characterised by healthy and stable operating margins and free cash flow (FCF) generation, and improving leverage,” the agency said in a news release.
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