You searched for "The Analytical Credit Rating Agency (ACRA)" (1 results found)

ACRA ASSIGNS A+(RU) TO CHERKIZOVO GROUP

3 Sep 2020

• 3 Sep 10:52

---

The Analytical Credit Rating Agency (ACRA) has assigned an A+(RU) credit rating to Cherkizovo Group (MOEX: GCHE), outlook Stable. ACRA noted that the current rating was primarily due to Cherkizovo’s strong business profile and diversification above the industry average. In2019, the key contributors to the Group’s revenue were the Poultry and Meat Processing segments. The Company's Pork, Grain and Feed divisions have been thriving as well, “which gives it a very high degree of vertical integration and considerably decreases the impact of price fluctuations on the main elements of the cost price,” said ACRA in its announcement. The. Read more...