Corporate
Outlook: No Trend
Action date: 10/22/2020
Rating action: Withdrawal
The credit rating has been withdrawn due to a client's request.

LANTANIA SLU

Lantania is the main subsidiary of Grupo Lantania S.L., a Spanish group in the infrastructure sector. The group was incorporated in 2018, it began its activity based on the continuity of the operations of the Isolux group in Spain, being this its currently markets of operations. The company expects to exceed the turnover of € 100 MM in 2019 (€ 53 MM in 2018), maintaining a positive profitability and a low level of indebtedness (adjusted NFD/EBITDA ratio of 1.13x).

Rating

Solicited
Date last rating: 10/29/2019
Date first rating: 10/31/2019