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Research Update: Italy-Based Gruppo Espresso Outlook Revised To Stable On Improved Profitability; 'BB' Rating Affirmed Product Image

Research Update: Italy-Based Gruppo Espresso Outlook Revised To Stable On Improved Profitability; 'BB' Rating Affirmed

  • Published: July 2010
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.

Abstract
Italy-based newspaper and magazine publisher Gruppo Editoriale L'Espresso SpA (Gruppo Espresso) increased its advertising revenues and operating performance for the second consecutive quarter. We believe that the group's profitability and credit measures are likely to significantly improve by year-end 2010. We READ MORE >

Gruppo Editoriale L'Espresso SpA,CIR-Compagnie Industriali Riunite SpA

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