S&P: Anadolu Efes outlook positive

Standard & Poor's said it revised the outlook on Anadolu Efes Biracilik ve Malt Sanayii AS to positive from stable and affirmed the BB long-term corporate credit rating.

"The outlook revision reflects its view that Anadolu Efes demonstrated increased cash flow conversion capability in the context of the group's sound capital structure and the improving operating environment in Turkey," said S&P credit analyst Anton Geyze.

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