VISTA ALEGRE ATLANTIS SGPS SA


Type of ratings: Corporate

Rating value: BB+

Outlook: Stable

License: EthiFinance Ratings

Solicited

Rating Action and rationale EthiFinance Ratings affirms Vista Alegre Atlantis, S.A s "BB+" rating, maintaining its Stable outlook. The Group displays a medium capacity to honor its financial commitments constrained by exposure to adverse business, financial or economic conditions. The materialization of these constraints could lead to a weakened capacity of the issuer or issue to meet its financial obligations. The stable outlook is based on its strong business model and competitive position together with good profitability margins and a solid financing structure. Although the current impact of the company's ESG profile on the total score is not determinant, the company could benefit from the publication of a full sustainability report in the future.

Ratings

Rating action: Affirmed

Action date: 2022-12-02

Date last rating: 2022-12-02

Date first rating: 2019-10-23

Documents

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Methodologies

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