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AENOR INTERNACIONAL SAU

Type of ratings: Corporate

Rating value: BB+

Outlook: Stable

License: EthiFinance Ratings

Solicited

EthiFinance Ratings affirms the rating of AENOR Internacional at "BB+", maintaining the Stable Outlook. AENOR Internacional and its subsidiaries are a player specialising in testing, inspection and certification services for companies and public bodies, with a presence in more than 90 countries in Europe, Latin America and Morocco. In 2022, the company achieved total revenues and EBITDA of € 96.2m and € 8.7m (9.4% margin) respectively, with NFD/EBITDA of 2.1x.

Ratings

Rating action: Affirmed

Action date: 2023-07-28

Date last rating: 2023-07-28

Date first rating: 2022-06-27

Documents

Executive summary:

Methodology

Corporate Rating Methodology

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