IZERTIS SA
Type of ratings: Corporate
Rating value: BB
Outlook: Positive
License: EthiFinance Ratings
Solicited
Type of ratings: Corporate
Rating value: BB
Outlook: Positive
License: EthiFinance Ratings
Solicited
EthiFinance Ratings affirms Grupo Izertis's "BB" rating, maitaining its Positive outlook. The company is a technological consultant firm which objective is to facilitate the digital transformation of organizations. The company's turnover at the end of 2021 was € 65.1MM (+28.2% YoY) with an EBITDA of € 7.3MM (11.2% EBITDA margin). Adjusted NFD/EBITDA reached 2.5 times. Izertis's capitalisation reached € 195.7MM on December 2022 (16/12).
Ratings
Rating action: Affirmed
Action date: 2022-12-27
Date last rating: 2022-12-27
Date first rating: 2020-12-30
Methodologies