Corporate
Outlook: Positive
Action date: 11/15/2021
Rating action: Affirmed

TEKNIA MANUFACTURING GROUP SOCIEDAD LIMITADA

Axesor Rating affirms Teknia Manufacturing Group, S.L. maintaining at "BB" and its Positive outlook. 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: 11/15/2021
Date first rating: 06/20/2016