OREANDA-NEWS. Expert RA Rating Agency (RAEX) upgraded ASG Profit credit (long-term creditworthiness) rating to A ("High level of creditworthiness"). The rating sub-level is third. The rating outlook is stable, which means the likelihood of mid term rating stability is high. Earlier the Company had credit rating B++ "Acceptable level of creditworthiness" with stable outlook.

Low currency risks, absence of dependence on the largest buyer, high capital increment rates, high liquidity ratios, high level of risk management organization as well as absence of overdue payables and receivables as of 30.06.2014 influenced positively the rating of the Company.

Among rating-restraining factors medium high level of debt burden, low level of financial information disclosure and business diversification, high share of receivables in total assets, low quality of strategic planning, medium low capital adequacy were highlighted. Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine.

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