Die Euler Hermes Rating GmbH bewertet die Bonität der EDEKA Minden-Hannover Stiftung & Co. KG mit A-
Für die kommenden zwölf Monate erwartet die Agentur eine stabile Entwicklung des Ratings
19.07.2019 – 11:02
Hamburg (ots)
Die Euler Hermes Rating GmbH bewertet die Bonität der EDEKA Minden-Hannover Stiftung & Co. KG mit A-. Für die kommenden zwölf Monate erwartet die Agentur eine stabile Entwicklung des Ratings.
Das Geschäftsrisiko der EDEKA Minden-Hannover Gruppe wird von Euler Hermes Rating als moderat bis gering eingeschätzt. Positiv bewerten die Analysten insbesondere die führende Marktposition in Verbindung mit einer hohen Markenstärke sowie die hohe Stabilität des Geschäftsmodells durch die geringe Konjunkturabhängigkeit des Lebensmitteleinzelhandels. Das Finanzrisiko wird von der Ratingagentur als gering bewertet. Die Unternehmensgruppe verfügt aus Sicht der Analysten über eine sehr gute Finanzierungsstruktur. Das Entschuldungspotenzial und die Zinsdeckungsrelationen befinden sich ebenfalls auf einem sehr guten Niveau. Darüber hinaus verfügt die Gruppe über ein sehr hohes Innenfinanzierungspotenzial und eine sehr gute finanzielle Flexibilität. Als bedeutendste Regionalgesellschaft des Marktführers im deutschen Lebensmitteleinzelhandel verfügt die Gruppe aus Sicht der Ratingagentur über eine gute Ausgangsposition, um sich in dem wettbewerbsintensiven Umfeld erfolgreich behaupten zu können.
Die durch die EDEKA Minden-Hannover Stiftung & Co. KG geführte EDEKA Minden-Hannover Gruppe ist die umsatzstärkste Einheit in dem seit über 100 Jahren bestehenden EDEKA-Verbund. Das Absatzgebiet erstreckt sich über Niedersachsen, Sachsen-Anhalt, Berlin, Brandenburg, Bremen und den nördlichen Teil Nordrhein-Westfalens. Die operative Ge-schäftstätigkeit unterteilt sich in die Sparten Einzelhandel, Zustellgroßhandel, C+C Fachgroßhandel, Produktion und Dienstleistungen. Im Geschäftsjahr 2018 erwirtschaftete die Gruppe mit über 27.600 Mitarbeitern Konzernumsatzerlöse in Höhe von EUR 9,3 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
© 2019 Euler Hermes Rating GmbH ("EHRG") and/or its licensors and affiliates. All rights reserved.
CREDIT RATINGS ISSUED BY EHRG ARE EHRG'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBTLIKE SECURITIES, AND EHRG'S PUBLICATIONS MAY INCLUDE EHRG'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBTLIKE SECURITIES. EHRG DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT MEET ITS CONTRACTUAL, FINANCIAL OBLIGATIONS AS THEY COME DUE AND, IN THE CASE OF ISSUANCE-LEVEL CREDIT RATINGS, ANY ESTIMATED FINANCIAL LOSS IN THE EVENT OF DEFAULT. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. CREDIT RAT-INGS AND EHRG'S OPINIONS INCLUDED IN EHRG'S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. CREDIT RATINGS AND EHRG'S PUBLICATIONS ARE NEITHER A PROSPEC-TUS NOR A SUBSTITUTE FOR INFORMATION ASSEMBLED AND PRESENTED BY COMPANIES OR ISSUERS FOR INVESTORS REGARDING THE PURCHASE OF A SECURITY OR FOR ASSESSING THE CREDIT-WORTHINESS OF A RATED ENTITY. CREDIT RATINGS AND EHRG'S PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. NEITHER CREDIT RATINGS NOR EHRG'S PUB-LICATIONS COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. EHRG ISSUES ITS CREDIT RATINGS AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, CONDUCT ITS OWN INDEPENDENT ANALYSES, CREDIT ASSESSMENTS AND OTHER VERIFICATIONS AND EVALUATIONS OF EACH SECURI-TY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE. EHRG'S CREDIT RATINGS AND EHRG'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVES-TORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE EHRG'S CREDIT RATINGS OR EHRG'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COP-YRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, RE-PACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT EHRG'S PRIOR WRITTEN CON-SENT.
All information contained herein is obtained by EHRG from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without warranty of any kind. EHRG adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources EHRG considers to be reliable including, when appropriate, independent third-party sources. However, EHRG is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing the EHRG publications.
Please note that summaries of contracts, laws and other documents contained in any EHRG publication, rating report or other materials cannot replace careful study of the relevant complete texts. EHRG and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability to any person or entity for any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with the information contained herein or the use of or inability to use any such information, even if EHRG or any of its directors, officers, employees, agents, representatives, licensors or suppliers is advised in advance of the possibility of such losses or damages, including but not limited to: (a) any loss of present or prospective profits or (b) any loss or damage arising where the relevant financial instrument is not the subject of a particular credit rating assigned by EHRG. The limitations do not apply to the extent that fraud, intent or any other type of liability cannot be excluded and/or limited under applicable law.
EHRG and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability for any direct or compensatory losses or damages caused to any person or entity, on the part of, or any contingency within or beyond the control of, EHRG or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with the information contained herein or the use of or inability to use any such information. The limitations do not apply to the extent that fraud, intent or any other type of liability cannot be excluded and/or limited under applicable law.
NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MER-CHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY SUCH RATING OR OTHER OPINION OR INFORMATION IS GIVEN OR MADE BY EHRG IN ANY FORM OR MANNER WHATSOEVER.
The dissemination and use of an EHRG rating report may be prohibited by law in certain jurisdictions. Any persons who come into the possession of such information should inquire about and comply with any prohibitions that may be in place. EHRG assumes no liability of any kind with respect to such dissemination and use of any rating in any jurisdictionwhatsoever
Pressekontakt:
Euler Hermes Rating GmbH
Presse/ Euler Hermes Rating GmbH:
Kathrin Löwenstein - kathrin.loewenstein@eulerhermes-rating.com
Friedensallee 254
22763 Hamburg
Tel.: 040 8834 - 640
Fax: 040 8834 - 6413
www.eulerhermes-rating.com
Original-Content von: Scope Hamburg GmbH, übermittelt durch news aktuell