EuroChem Group AG is rated BB by Fitch
EuroChem Group AG, a leading global fertilizer producer, announces that Fitch Ratings has affirmed the Group a BB rating and revised the outlook on the Group to stable from negative.
EuroChem Group AG, a leading global fertilizer producer, announces that Fitch Ratings has affirmed the Group a BB rating and revised the outlook on the Group to stable from negative.
Full-year 2018 adjusted guidance reflects higher sales (up 7-9%), operating income (up 11-14%), operating margin of 15.3% to 15.5% (up 60-80 bps) and diluted EPS (up 23-26%), compared with adjusted 2017 financial results.
After months of uncertainty, Petrobas has announced that it plans on closing two fertilizer plants that are incurring losses.