Corporate
Outlook: Stable
Action date: 10/22/2021
Rating action: Affirmed

VISTA ALEGRE ATLANTIS SGPS SA

Axesor Rating affirms VAA's "BB+" rating, maintaining its Stable outlook. Vista Alegre is a multinational group whose activity is focused primarily on the manufacturing and marketing of porcelain and ceramics, crystal and glass for the tableware, giftware, decorative and hotelware segments. Their activity is primarily focused on Europe. In 2020, the company generated revenues of € 110.4M and an EBITDA of € 16.0M (margin: 14.5%), with a NFD/EBITDA ratio of 5.5x.

Rating

Solicited
Date last rating: 10/22/2021
Date first rating: 10/23/2019