Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for KUKA AG > News item |
S&P revises KUKA view to negative
S&P said it revised its outlook to negative from stable and affirmed its BBB- long-term issuer credit rating on KUKA AG.
“The outlook revision follows KUKA's third profit warning over the past 12 months (two related to 2018), and reflects our expectation of weaker-than-expected operating performance and slower recovery in credit metrics, over the next 12-18 months, to a level in line with the rating level, namely funds from operations (FFO) to debt of above 30%,” S&P said in a news release.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.