Composite Application Market Assessment - A Global Overview
- Language: English
- 69 Pages
- Published: May 2008
- Region: World
Abstract
Standard & Poor's Ratings Services' ratings on Wayne, Pa.-based Triumph Group incorporate our expectations that the company will continue to use its free cash flow to reduce debt, which we believe will lead to an improvement in key credit metrics over the next two years. We assess Triumph's business risk profile as fair, given its participation in the competitive and cyclical commercial aerospace market, for which the company is a major supplier. Offsetting this factor somewhat is its presence on a range of commercial aircraft, as well as business jets and military aircraft, which provide meaningful diversity. We view the company's financial risk as significant, reflecting its increased leverage following the June 2010 acquisition of Vought Aircraft Industries Inc. Triumph...
Companies mentioned in this report are:
- Triumph Group Inc.
Action: Review
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
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- Triumph Group Inc.
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |