Gap In Creditworthiness Between Strong And Weak EMEA Consumer Goods Companies Will Widen, Says Report Apr 12

  • ID: 2153064
  • April 2012
  • Region: EMEA
  • Standard & Poors
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  • AB Electrolux
  • Boparan Holdings Ltd.
  • Creativ Group OJSC
  • Heineken N.V.
  • Luxottica Group SpA
  • Premier Foods PLC
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MADRID (Standard & Poor's) April 30, 2012--The gap in creditworthiness between our strongest and weakest EMEA consumer companies is set to widen in 2012, says Standard & Poor's Ratings Services in its new report card: "Stable Outlook For Most Of Our Rated EMEA Consumer Goods Companies Masks Diverging Realities." "Generally speaking, investment-grade companies with strong business risk profiles weathered the recessionary environment in Western Europe--accompanied by persistently high commodity prices--and reported steady revenue growth," said Standard & Poor's credit analyst Florence Devevey. "Speculative-grade companies with weak business risk profiles, however, remained exposed to the bleak outlook for European retail sales and the continued increase in raw material prices." The reasons behind this increasing contrast are two-fold: emerging market footprint and...

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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.

Research type: News
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- British American Tobacco PLC
- Nestle S.A.
- Unilever PLC
- Swedish Match AB
- LVMH Moet Hennessy Louis Vuitton S.E.
- AB Electrolux
- Danone
- SEB S.A.
- Roquette Freres
- Henkel AG & Co. KGaA
- Imperial Brands PLC
- FAGE International S.A
- Kering S.A.
- Diageo PLC
- Remy Cointreau S.A.
- Head N.V.
- Premier Foods PLC
- Agrokor d.d.
- Barry Callebaut AG
- Coca-Cola HBC AG
- Anheuser-Busch InBev S.A./N.V.
- Concern Kalina (JSC)
- L'Oreal S.A.
- Safilo SpA
- Suedzucker AG
- BSH Hausgeraete GmbH
- Foodcorp (Proprietary) Ltd.
- Pernod Ricard S.A.
- Central European Distribution Corp.
- Anadolu Efes Biracilik ve Malt Sanayii AS
- Tereos Union de Cooperatives Agricoles
- Reckitt Benckiser Group PLC
- Philip Morris International Inc.
- Luxottica Group SpA
- Campofrio Food Group S.A.
- R&R Ice Cream PLC
- Bakkavor Group ehf
- Nomad Foods Europe Holdings Ltd
- Mriya Agro Holding PLC
- Creativ Group OJSC
- Agroton Public Ltd.
- Boparan Holdings Ltd.
- Ontex IV S.A.
- Refresco Gerber NV
- Holding KazExportAstyk JSC
- Heineken N.V.

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