IZERTIS SA


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

Documents

Executive summary:

Methodologies

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