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KÉSZ Holding Zrt. (Issuer)


The BB issuer rating is mainly driven by slightly increased business risks due to the inherent exposure to the cyclical and competitive construction industry and some notable concentration risks within the domestic construction sector and higher-risk CEE countries. Factors supporting the assessment mainly include KÉSZ’ leading and long-established market position, a history of robust working capital management, moderately strong credit metrics and an adequate financial flexibility. The rating outlook is stable.

Rating-Historie Notation/Outlook Ratingbericht
17.03.2021 BB / stabil