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Moody's assigns A3 rating to DSM-Firmenich (Danube AG), affirms DSM's ...

Moody's Investors Service (Moody's) assigned an A3 long-term issuer rating and a Prime-2 (P-2) short term issuer rating to Danube AG (to be renamed to DSM-Firmenich AG, DSM-Firmenich). Moody's also affirmed Royal DSM N.V.'s (DSM): 1) A3 long-term issuer and senior unsecured bond ratings; 2) (P)A3 se...

Royal DSM N.V. - December 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Royal DSM N.V. - June 2022 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Royal DSM N.V.: Update following rating affirmation

Our credit view of Royal DSM N.V. reflects its diversified, stable earnings base, with the EBITDA margin likely to exceed 20%

Moody's affirms DSM's A3 rating, stable outlook

Moody's Investors Service ("Moody's") affirmed Royal DSM N.V.'s (''DSM'') A3 issuer and senior unsecured bond ratings, (P)A3/(P)P-2 senior unsecured MTN programme and other short term rating and Prime-2 (P-2) commercial paper rating. The outlook remains stable. The affirmation of ratings follows DSM...

Royal DSM N.V. - December 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers

Royal DSM N.V.: Update following publication of FY21 results

Our credit view of DSM reflects conservative financial policies, its track record of prudent portfolio management and maintenance of strong credit metrics.

Royal DSM N.V.: Confirmation of strategy by accelerating focus on heal...

Acceleration of execution of its strategy is ratings and credit neutral.

Moody's announces completion of a periodic review of ratings of Royal ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Royal DSM N.V. Global Credit Research- 18 Aug 2021. Frankfurt am Main, August 18, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Royal DSM N.V. and other ratings that are associated with the same analytical unit.

Royal DSM N.V. - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Royal DSM N.V. - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Royal DSM N.V.: Update following change of outlook to stable

Our credit view of Royal DSM, reflecting the divestment of its Resins & Functional Materials and associated businesses for net proceeds of €1.4 billion.

Moody's affirms DSM's A3 rating, changes outlook to stable

Rating Action: Moody's affirms DSM's A3 rating, changes outlook to stable. Global Credit Research- 01 Oct 2020. Frankfurt am Main, October 01, 2020-- Moody's Investors Service today affirmed Royal DSM N.V.' s A3 issuer and senior unsecured bond ratings, A3/ Prime-2 senior unsecured MTN programme ratings and Prime-2 commercial paper rating.

Moody's announces completion of a periodic review of ratings of Royal ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Royal DSM N.V. Global Credit Research- 24 Sep 2020. Frankfurt am Main, September 24, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Royal DSM N.V. and other ratings that are associated with the same analytical unit.

Royal DSM N.V. - June 2020 (LTM): Peer Snapshot

Peer Snapshot:  Royal DSM N.V. - June 2020 (LTM) 8 September 2020 (in US millions) FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20 FYE Dec-18 FYE Dec-19 LTM Jun-20

Royal DSM N.V.: Update following change of outlook to negative

Our credit view of DSM following the announcement to acquire Erber Group for an EV of €980 million funded with debt.

Moody's changes DSM's outlook to negative from stable, affirms A3

Rating Action: Moody's changes DSM's outlook to negative from stable, affirms A3. Global Credit Research- 15 Jun 2020. Frankfurt am Main, June 15, 2020-- Moody's Investors Service, today affirmed Royal DSM N.V.' s A3 issuer and senior unsecured bond ratings, A3/ Prime-2 senior unsecured MTN programme ratings and Prime-2 commercial paper rating.

Royal DSM N.V. - March 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Royal DSM N.V. - December 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Royal DSM N.V. - September 2019 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

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