Announcements
Drinks
7/3/2022 Rating announcement EN
Scope affirms B+ issuer rating on Zalaco, revises Outlook to Stable from Positive
The rating benefits from the issuer’s underlying low industry risk and comfortable profitability but is constrained by its limited scale and high customer concentration. The Outlook change reflects the expectation of a delayed deleveraging expectations.
8/4/2021 Rating announcement EN
Scope affirms B+ issuer rating of Zalaco, revises the Outlook to Positive from Stable
Issuer rating benefits from underlying industry, solid profitability and low leverage constrained by limited scale and high customer concentration. The Outlook change reflects anticipated lower-than-expected leverage going forward.
24/4/2020 Rating announcement EN
Scope assigns B+/Stable issuer rating to Zalaco Sütőipari Zrt.
The issuer rating of B+ reflects Zalaco’s robust, solid profitability and well-established business operations in western Hungary, but is constrained by small scale, limited diversification and high leverage.
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