Corporate
Outlook: Stable
Action date: 10/07/2020
Rating action: New

GRUPO ALDESA SA

Grupo Aldesa focuses its activity on the construction sector, through the development of civil engineering and building infrastructures, as well as carrying out industrial and investment activities. After the recent entry as main shareholder of China Railway Construction Corporation Limited (CRCC), Aldesa has significantly improved its financial situation with a negative NFD with recourse in 1H2020. In 2019, the group achieved a turnover and EBITDA of € 798MM and € 65.5MM respectively, concentrating the business mainly in Mexico, Spain and Poland.

Rating

Solicited
Date last rating: 10/07/2020
Date first rating: 10/07/2020