TEKNIA MANUFACTURING GROUP SOCIEDAD LIMITADA
Type of ratings: Corporate
Rating value: BB+
Outlook: Stable
License: EthiFinance Ratings
Solicited
Type of ratings: Corporate
Rating value: BB+
Outlook: Stable
License: EthiFinance Ratings
Solicited
EthiFinance Ratings affirms Teknia Manufacturing Group, S.L.'s "BB+" rating with Stable outlook. Teknia Manufacturing Group, S.L., an international group that operates as a TIER 2-1 Supplier in the automotive industry, operates internationally where it applies Plastic, Metal, Decolouring and Aluminium technologies. Teknia achieved a turnover of € 284.5M and EBITDA of € 26.4M (margin of 9.29%) in 2020 (€ 378.1M; € 31.97M in 2019), with a NFD/EBITDA of 2.48x (2.76x in 2019).
Ratings
Rating action: Upgrade
Action date: 2023-05-04
Date last rating: 2023-05-04
Date first rating: 2016-06-20
Methodologies