Expert RA Affirmed Rating of OMZ
OREANDA-NEWS. January 19, 2012. The rating agency "Expert RA" has confirmed the credit rating of OJSC OMZ (Uralmash-Izhora) at A (high creditworthiness). "Stable" outlook.
Positive impact on the rating level has increased capital OMZ between 31.12.2008 to 06.30.2011. In addition, the rating positively influenced the growth of net assets and a positive net working capital of the company. It should be noted that the OMZ is moving toward reducing the debt burden, as well as plans to obtain a positive net profit in 2011.
Among the factors that limit the level of rating, the agency analysts were considered unprofitable and low level of business diversification OMZ.
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