Announcements

    Drinks

      Scope affirms AXIÁL’s BB/Stable issuer rating

      15/5/2023 Rating announcement EN

      Scope affirms AXIÁL’s BB/Stable issuer rating

      The credit rating remains supported by the issuer's status as a top three agricultural machinery dealer in Hungary and its good credit metrics.

      Scope affirms AXIÁL’s BB/Stable rating

      16/5/2022 Rating announcement EN

      Scope affirms AXIÁL’s BB/Stable rating

      The credit rating remains supported by the issuer's status as a top three agricultural machinery dealer in Hungary and its good credit metrics. Its small scale and lack of geographical diversification compared to European peers constrain the rating.

      Scope upgrades AXIÁL’s issuer rating to BB/Stable from BB-

      14/6/2021 Rating announcement EN

      Scope upgrades AXIÁL’s issuer rating to BB/Stable from BB-

      The application of Scope’s new rating methodology has led to a stronger business risk profile assessment for AXIÁL and the rating upgrade.

      Scope places AXIÁL’s issuer rating of BB- under review for a possible upgrade

      25/3/2021 Rating announcement EN

      Scope places AXIÁL’s issuer rating of BB- under review for a possible upgrade

      The rating action follows the publication of Scope’s new Rating Methodology: Retail and Wholesale Corporates.

      Scope assigns a BB-/Stable first-time issuer rating to Hungarian company AXIÁL Kft.

      9/6/2020 Rating announcement EN

      Scope assigns a BB-/Stable first-time issuer rating to Hungarian company AXIÁL Kft.

      AXIÁL's credit rating is supported by its status as a top-three agricultural machinery dealer in Hungary and its good credit metrics, but constrained by its small scale and lack of geographical diversification compared to European peers.