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AENOR INTERNACIONAL SAU

Type of ratings: Corporate

Rating value: BB+

Outlook: Stable

License: EthiFinance Ratings

Solicited

EthiFinance Ratings assigns for the first time a "BB+" rating with a Stable outlook to Aenor Internacional, S.A. Aenor and its subsidiaries are a specialised player in testing, inspection and certification services for companies and public entities. The company reached a turnover and EBITDA of € 85.1MM and € 4.5MM (margin of 5.3%) in 2021, with a NFD/EBITDA of 0.5x (1.8x in 2020).

Ratings

Rating action: Affirmed

Action date: 2023-05-05

Date last rating: 2023-05-05

Date first rating: 2022-06-27

Documents

Executive summary:

Methodologies

Corporate Rating Methodology

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