Moody's gives Lebedyansky Ba3

Moody's Investors Service said it assigned a Ba3 corporate family rating to OJSC Lebedyansky.

The outlook is stable.

The Ba3 corporate family rating reflects Lebedyansky's leading positions in the Russian juice market, its diversified portfolio of juice brands well-known in the market, the company's well-established Russia-wide sales and distribution network and a management's track record of delivering high growth based on the company's internal resources, Moody's said it said it said it said it said it said it said it said it said it said it said it said it said it said it said it said.

The agency added that the rating is mainly constrained by Lebedyansky's still relatively limited-scale of business and revenue concentration, standardized nature of the juice products and their sensitiveness to economic-driven fluctuations in consumer demand and highly competitive Russian juice market that has been slowing down its growth.

© 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.