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Fitch affirms Super Group
Fitch Ratings said it affirmed Super Group Ltd.'s national long-term rating and national senior unsecured ratings at BB+(zaf) and national short-term rating at B(zaf).
The outlook is stable.
Fitch said the company has a more robust and sustainable strategic and operational profile as the group is now more focused.
However the business has more limited scale and diversification, which is likely to constrain the rating, the agency said.
The ratings are supported at their current levels by the stable cash flows within Super Group's continuing operations, Fitch added.
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