(ots) - Die Euler Hermes Rating GmbH bestätigt ihre
Bonitätseinschätzung der Grammer AG, Amberg mit BBB. Hinsichtlich der
aktuellen Aktionärsstruktur halten die Analysten eine angemessene
Stabilität von Strategie, Management und Kundenbeziehungen für
gewährleistet. Für die kommenden zwölf Monate erwartet die
Ratingagentur daher wieder eine stabile Entwicklung des Ratings.
Positiv bewertet die Ratingagentur die starke Marktposition der
Grammer AG im Segment Commercial Vehicles sowie die stetige
Verbesserung der Marktposition im Segment Automotive. Als Stärke
sieht Euler Hermes Rating in diesem Zusammenhang die gute Präsenz
durch Entwicklungs- und Produktionskapazitäten in den für die
Automobilproduktion wichtigsten weltweiten Regionen an. Hinsichtlich
der Absatzmärkte sehen die Analysten einerseits die Zyklik und
Wettbewerbsintensität sowie andererseits das erwartete mittel- bis
langfristige Wachstum als ausschlaggebend für das Rating an.
Zusammenfassend bewertet die Ratingagentur das Geschäftsrisiko der
Grammer AG als leicht erhöht. Das Finanzrisko stellt sich nach
Meinung der Analysten aufgrund der befriedigenden Ertragskraft, der
stark befriedigenden Kapitalstruktur- und Verschuldungskennzahlen
sowie der guten finanzielle Flexibilität als moderat bis gering dar.
Die Grammer AG ist auf die Entwicklung, Herstellung und den
Vertrieb von Fahrer- und Passagiersitzen für Offroad-Fahrzeuge, Lkw
und Busse sowie von Komponenten und Systemen für die
Pkw-Innenausstattung spezialisiert. Im Geschäftsjahr 2016
erwirtschaftete Grammer mit im Jahresdurchschnitt 12.250 Mitarbeitern
einen Konzernumsatz von EUR 1,7 Mrd.
Euler Hermes Rating GmbH ist gemäß der Verordnung (EG) Nr.
1060/2009 des Europäischen Parlaments und des Rates als Credit Rating
Agency (CRA) registriert sowie als External Credit Assessment
Institute (ECAI) durch die BaFin anerkannt.
Weitere Informationen zu Euler Hermes Rating GmbH unter
www.eulerhermes-rating.com.
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