Here’s the translation to American English:
S&P Global Ratings has affirmed the ‘A’ credit rating of SIX Group AG, changing the outlook from negative to stable. This positive shift reflects the Group’s strong operational performance and robust cash generation, which have exceeded the agency’s initial expectations.
The long-term and short-term ratings of ‘A/A-1’ for SIX Group AG remain unchanged, as do the ‘A+/A-1’ ratings for all its operating subsidiaries. The stable outlook for the different entities within the group indicates S&P’s confidence in the company’s ability to successfully execute its growth strategy through 2027. Key objectives include expanding the EBITDA margin and maintaining financial leverage below 1.75 times. Additionally, the recent acquisition of Aquis is noted as a potential boost to SIX Group’s competitive position in the market.
Daniel Schmucki, CFO of SIX, expressed his satisfaction with S&P’s decision, emphasizing that this review is a testament to the company’s commitment to operational excellence and strategic growth. Schmucki also highlighted the significance of the Aquis acquisition as a support for the group’s future direction and reaffirmed confidence in the company’s ability to sustain strong financial results, reduce leverage, and achieve the goals set in its Scale Up 2027 program.
Source: MiMub in Spanish
