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S&P changes Goldstory view to positive
S&P said it revised its outlook on Goldstory SAS, the parent company of THOM Group SAS, to positive from negative and affirmed the B issuer credit rating.
At the same time, S&P discontinued its B issuer credit rating on THOM Group.
“We expect Goldstory to achieve better-than-forecasted results in 2022, despite current macroeconomic headwinds, thanks to its improving turnover in France and Italy and acute cost-management measures,” S&P said in a news release.
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