S&P Global Ratings raises Kering’s rating from “A-” to “A”









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PARIS (Agefi-Dow Jones)–The rating agency S&P Global Ratings on Friday raised the credit rating of the luxury group Kering to “A” from “A-“, attaching a stable outlook to this rating. The agency considers the company to have shown strong operational performance in 2021 and the first quarter of 2022, with robust margins. In view, moreover, of its low debt and the absence of large acquisitions, its financial leeway has increased considerably, judge S&P Global Ratings. ([email protected]) editor: ECH

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April 22, 2022 09:46 ET (13:46 GMT)







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