Deoleo S.A.: Update to credit analysis
Our credit view of Deoleo reflects its geographical diversification and established brands, against the exposure of its earnings to the volatile olive oil prices.Deoleo is engaged in the purchase, sale, import, export, transformation, cleaning and polishing rice, and in manufacturing rice flour or meal with the trademarks: SOS® Saludaes® and Lorisa®. Co. and its subsidiaries are also engaged in the manufacture and market of cookies, crackers, coffee, breakfast snacks and candy, preserves, dried fruits, oil, vinegar and sauces under the names and trademarks: Cafe Dry®, Pictolin®, Kanik®, El Monaguillo®, Asua®, Koipesol®, Sojasol® Louit®, Carbonell®, Perlas de Guadalquivir®, Alisa®, Carmen® and Procer®. Co. is also engaged in the acquisition, development and sale of real estate property.
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