Announcements

    Drinks

      Scope places LANXESS’ ratings under review for a possible upgrade following methodology update

      7/7/2025 Rating announcement EN

      Scope places LANXESS’ ratings under review for a possible upgrade following methodology update

      The rating action follows the publication of Scope’s updated Chemicals Rating Methodology which could have a positive rating impact.

      Scope affirms BB+/Stable issuer rating of German Bikelasing company BLS Beteiligungs GmbH

      7/7/2025 Rating announcement EN

      Scope affirms BB+/Stable issuer rating of German Bikelasing company BLS Beteiligungs GmbH

      The affirmation reflects a balanced view of the company’s business fundamentals and financial resilience, despite some structural limitations in its operating model.

      Scope affirms BB- issuer rating on Hungarian real estate company Futureal; Outlook revised to Stable

      4/7/2025 Rating announcement EN

      Scope affirms BB- issuer rating on Hungarian real estate company Futureal; Outlook revised to Stable

      The rating action reflects Futureal’s solid pipeline execution, improved earnings stability, and adequate liquidity.

      Scope affirms B+/Negative issuer rating on Hungarian real estate developer Wingholding Zrt.

      4/7/2025 Rating announcement EN

      Scope affirms B+/Negative issuer rating on Hungarian real estate developer Wingholding Zrt.

      The affirmation reflects Wing’s solid pipeline execution and improved earnings visibility; The Negative Outlook signals limited headroom in credit metrics.

      Scope affirms B+/Stable rating on AutoWallis Nyrt.

      1/7/2025 Rating announcement EN

      Scope affirms B+/Stable rating on AutoWallis Nyrt.

      The affirmation is underpinned by credit metrics that align with projections, along with the expectation that leverage will not increase due to the issuer's decision to resume strategic growth in 2026.

      Scope publishes analytical report on Helgeland Kraft

      30/6/2025 Monitoring note EN

      Scope publishes analytical report on Helgeland Kraft

      Following the recent rating action on Helgeland Kraft AS on 26 June 2025, Scope has released an associated analytical report.

      Scope affirms BBB+/Stable issuer rating of Norwegian utility TrønderEnergi AS

      27/6/2025 Rating announcement EN

      Scope affirms BBB+/Stable issuer rating of Norwegian utility TrønderEnergi AS

      The rating affirmation reflects Scope's expectation that, in the absence of significant capex needs and positive free cash flow, a normalisation of power prices will allow TrønderEnergi to deleverage to around 3x.

      Scope assigns first-time issuer rating of B+/Stable to Grammer

      26/6/2025 Rating announcement EN

      Scope assigns first-time issuer rating of B+/Stable to Grammer

      A good market position in commercial vehicles and expected improvement in leverage support the rating. Very weak cash flow cover due to sustained negative FOCF*, low overall profitability and cluster risk on refinancing in 2027 are constraints.

      Scope affirms Norwegian utility Helgeland Kraft’s BBB issuer rating, revises Outlook to Negative

      26/6/2025 Rating announcement EN

      Scope affirms Norwegian utility Helgeland Kraft’s BBB issuer rating, revises Outlook to Negative

      The Negative Outlook reflects the risk of sustained weaker credit metrics, amplified by adverse regional market conditions, even with the expected market normalisation.

      Scope withdraws all ratings for Nitrogénművek

      25/6/2025 Rating announcement EN

      Scope withdraws all ratings for Nitrogénművek

      Scope has ceased analytical coverage of Nitrogénművek due to business reasons.