Euler Hermes Rating bestätigt BBB Rating der Grammer AG
Hamburg (ots)
Die Euler Hermes Rating GmbH bestätigt ihre Bonitätseinschätzung der Grammer AG, Amberg mit BBB. Hinsichtlich der aktuellen Aktionärsstruktur halten die Analysten eine angemessene Stabilität von Strategie, Management und Kundenbeziehungen für gewährleistet. Für die kommenden zwölf Monate erwartet die Ratingagentur daher wieder eine stabile Entwicklung des Ratings.
Positiv bewertet die Ratingagentur die starke Marktposition der Grammer AG im Segment Commercial Vehicles sowie die stetige Verbesserung der Marktposition im Segment Automotive. Als Stärke 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 ausschlaggebend für das Rating an. Zusammenfassend bewertet die Ratingagentur das Geschäftsrisiko der Grammer AG als leicht erhöht. Das Finanzrisko stellt sich nach Meinung der Analysten aufgrund der befriedigenden Ertragskraft, der stark befriedigenden Kapitalstruktur- und Verschuldungskennzahlen sowie der guten finanzielle Flexibilität als moderat bis gering dar.
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 2016 erwirtschaftete Grammer mit im Jahresdurchschnitt 12.250 Mitarbeitern einen Konzernumsatz von EUR 1,7 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.
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