Euler Hermes Rating bestätigt BBB Rating der Grammer AG
(ots) - Die Euler Hermes Rating GmbH bewertet die Bonität
und Zukunftsfähigkeit der Grammer AG mit BBB. Für die kommenden zwölf
Monate erwartet die Ratingagentur eine stabile Entwicklung des
Ratings.
Ausschlaggebend für das Rating sind aus Sicht der Agentur die
starke Marktposition der Grammer AG im Segment Commercial Vehicles
sowie die stetige Verbesserung der Marktposition im Segment
Automotive. Positiv sieht Euler Hermes Rating in diesem Zusammenhang
die gute Präsenz durch Entwicklungs- und Produktionskapazitäten in
den für die Automobilproduktion wichtigsten weltweiten Regionen an.
Hinsichtlich der Absatzmärkte sehen die Analysten einerseits die
Zyklik und Wettbewerbsintensität sowie andererseits das erwartete
mittel- bis langfristige Wachstum als maßgeblich für das Rating an.
Zusammenfassend bewertet die Ratingagentur das Geschäftsrisiko der
Grammer AG als leicht erhöht. Das Finanzrisiko stellt sich nach
Meinung der Analysten aufgrund der befriedigenden Ertragskraft, der
stark befriedigenden bis guten Kapitalstruktur- und
Verschuldungskennzahlen sowie der guten finanzielle Flexibilität als
moderat bis gering dar.
Die Euler Hermes Rating GmbH sieht im Zusammenhang mit der
Ankündigung des Übernahmeangebots durch die Jiye Auto Parts GmbH, ein
verbundenes Unternehmen des strategischen Partners Ningbo Jifeng aus
China, derzeit keine Veranlassung für eine geänderte
Risikoeinschätzung.
Die Grammer AG ist auf die Entwicklung, Herstellung und den
Vertrieb von Fahrer- und Passagiersitzen für Offroad-Fahrzeuge, Lkw
und Busse sowie von Komponenten und Systemen für die
Pkw-Innenausstattung spezialisiert. Im Geschäftsjahr 2017
erwirtschaftete Grammer mit im Jahresdurchschnitt 12.483 Mitarbeitern
einen Konzernumsatz von EUR 1,8 Mrd.
Euler Hermes Rating GmbH ist gemäß der Verordnung (EG) Nr.
1060/2009 des Europäischen Parlaments und des Rates als Credit Rating
Agency (CRA) registriert sowie als External Credit Assessment
Institute (ECAI) durch die BaFin anerkannt.
Weitere Informationen zu Euler Hermes Rating GmbH unter
www.eulerhermes-rating.com.
© 2018 Euler Hermes Rating GmbH ("EHRG") and/or its licensors and
affiliates. All rights reserved.
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Datum: 07.06.2018 - 13:00 Uhr
Sprache: Deutsch
News-ID 1618459
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