• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Thiel Logistik AG Dec 05 Product Image

Thiel Logistik AG Dec 05

  • Published: December 2005
  • Standard & Poors

Leading sector positions for contract logistics in fashion, furniture, and media in the German market; and Reasonable diversity within customer base. Regional, narrow focus concentrated on three main Western European countries; Highly fragmented and competitive markets; Historically weak earnings and cash generation compared with major peers; and High financial leverage. The ratings on Luxembourg-based logistics services provider Thiel Logistik AG reflect the group's midsize position in the highly fragmented, cyclical, and competitive logistics market; the regional and relatively modest scope of its operations; its relatively modest margins; and high financial leverage. The ratings benefit from Thiel's good positions in certain specialist markets, such as German fashion, media, and furniture. Thiel has annual revenues of about -1.7 billion ($2.0 billion) and...

Companies mentioned in this report are: Logwin AG,Dura Automotive Systems Inc.,Schefenacker AG,Gildemeister AG
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns READ MORE >

Logwin AG,Dura Automotive Systems Inc.,Schefenacker AG,Gildemeister AG

Note: Product cover images may vary from those shown