Advania has secured its third major credit rating, now with Moody's assigning a B3 corporate family rating (CFR) with stable outlook. This completes the company's credit assessment process, following recent ratings from S&P Global and Fitch Ratings, and creates a comprehensive financial profile to support Advania's growth strategy.
The Moody's assessment highlights several of Advania's key strengths, including its well-recognised brand, solid technical expertise, and strong position in the attractive IT services market. The rating agency particularly notes the company's recurring revenue model, which provides stable revenue visibility.
Looking ahead, Moody's expects continued growth for Advania and gradual improvement in financial metrics over the next 12-18 months. The stable outlook reflects confidence in Advania's ability to maintain its growth trajectory while managing its financial profile.
"These three independent ratings from leading agencies provide a strong foundation for our continued expansion," says Henrik Schibler, CFO of Advania. "Each assessment recognizes our market position and growth potential, while providing valuable perspective on our financial strategy."
The completion of all three ratings supports Advania's recent €820 million refinancing package, strengthening the company's financial platform for future growth initiatives.
