Corporate
Outlook: Positive
Action date: 06/01/2021
Rating action: Affirmed

TEKNIA MANUFACTURING GROUP SOCIEDAD LIMITADA

Axesor Rating affirms Teknia Manufacturing Group, S.L. maintaining at "BB" but changes its outlook from Negative to Positive. Teknia Manufacturing Group, S.L., an international group that operates as a TIER 2-1 Supplier in the automotive industry, operates internationally where it applies Plastic, Metal, Decolouring and Aluminium technologies. Teknia achieved a turnover of € 284.5M and EBITDA of € 26.4M (margin of 9.29%) in 2020 (€ 378.1M; € 31.97M in 2019), with a NFD/EBITDA of 2.48x (2.76x in 2019).

Rating

Solicited
Date last rating: 06/01/2021
Date first rating: 06/20/2016