Summary Rizzani de Eccher SpA - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Rizzani de Eccher SpA (RDE) is a general construction contractor. RDE's portfolio of services includes transportation engineering and construction, civil engineering, environmental engineering, in...
Summary Cooperativa Muratori & Cementisti C.M.C di Ravenna - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Cooperativa Muratori & Cementisti C.M.C di Ravenna (CMC Ravenna) is a general construction contractor. The company constructs transport infrastructure networks includi...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Rating Action: Moody's withdraws its ratings on Astaldi for business reasons. Global Credit Research- 09 Jan 2020. Frankfurt am Main, January 09, 2020-- Moody's Investors Service has today withdrawn its ratings on Italian construction company Astaldi S.p.A., including the Ca corporate family rating, the Ca-PD/LD probability of default rating and the Ca instrument ratings on the EUR750 million senior unsecured notes due December 2020, as well as the negative outlook.
ASTALDI (IT), a company active in the Heavy Construction industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 3 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 8, 2019, the closing price was EUR 0.67 and i...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Astaldi S.p.A. Global Credit Research- 25 Sep 2019. Frankfurt am Main, September 25, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Astaldi S.p.A. and other ratings that are associated with the same analytical unit.
Rating Action: Moody's downgrades Astaldi's PDR to Ca-PD/LD after expiration of grace period for missed interest payment. Global Credit Research- 04 Jan 2019. Frankfurt am Main, January 04, 2019-- Moody's Investors Service has today downgraded to Ca-PD/LD from Caa2-PD the probability of default rating of Italian construction company Astaldi S.p.A. after the group has missed to pay the interest on its EUR750 million senior unsecured notes.
Moody's Investors Service ("Moody's") has today downgraded the Corporate Family Rating of Italian construction company Astaldi S.p.A. ("Astaldi" or "group") to Caa2 from Caa1 and its Probability of Default rating to Caa2-PD from Caa1-PD. Concurrently, Moody's downgr...
The recent months have seen, on the one hand, a further deterioration in results and liquidity, and, on the other hand, some progress towards achieving the capital hike, starting with a significant commitment from Japan’s IHI. A sale of the Third Bosphorus Bridge at a reasonable price also appears feasible. Still, in our view, too many unknowns surround the capital hike and the asset sale. Longer-term, we also remain wary of Astaldi’s business model (high project concentration an...
The recent months have seen, on the one hand, a further deterioration in results and liquidity, and, on the other hand, some progress towards achieving the capital hike, starting with a significant commitment from Japan’s IHI. A sale of the Third Bosphorus Bridge at a reasonable price also appears feasible. Still, in our view, too many unknowns surround the capital hike and the asset sale. Longer-term, we also remain wary of Astaldi’s business model (high project concentration an...
Moody's Investors Service, ("Moody's") has today downgraded to Caa1 from B3 the corporate family rating (CFR) and to Caa1-PD from B3-PD the probability of default rating (PDR) of Italian construction company Astaldi S.p.A. ("Astaldi" or "group"). Concurrently, Mood...
Astaldi, the Italian engineering company, reported yesterday its 4Q17 results. A mixed trading performance was secondary to the lack of apparent progress on the capital increase and the missing of the company’s target for net financial debt.
Astaldi, the Italian engineering company, reported yesterday its 4Q17 results. A mixed trading performance was secondary to the lack of apparent progress on the capital increase and the missing of the company’s target for net financial debt.
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