Fnac Darty upgraded to « positive outlook » by Standard & Poor's - Credit rating at BB affirmed
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Fnac Darty upgraded to « positive outlook » by Standard & Poor's
Credit rating at BB affirmed
Standard & Poor's upgraded Fnac Darty's outlook to positive, compared to stable previously, and affirmed the Group's credit rating at BB.
This favorable outlook relies on the strength of operational performances, the rapid progression of the Fnac Darty integration and a well-controlled financial policy.
Jean-Brieuc Le Tinier, Fnac Darty CFO, stated:
"In the retail industry, in which all players face major transformations of their models, the upgrade of Fnac Darty outlook from stable to positive reflects both the soundness of the Group's omnichannel model and the improvement of its operational profile".
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CONTACTS
| ANALYSTS / INVESTORS | Stéphanie Constand | [email protected] +33 (0)1 55 21 18 63 |
| PRESS | Benjamin Perret | [email protected] +33 (0)1 55 21 54 13 |
| Alexandre André | [email protected] +33 (0)1 55 21 54 46 |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Fnac Darty via Globenewswire
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