News

Expert RA Affirms Delo Management Company’s Credit Rating at ruAA- with Stable Outlook

The rating agency Expert RA has affirmed the credit rating of Delo Management Company LLC, the parent company of Delo Group — at ruAA- with a stable outlook. In its report, the agency highlighted the Group’s strong market and competitive positions, as well as its high level of geographical and product diversification.

According to Expert RA, the rating reflects Delo Management Company’s high profitability, adequate liquidity, and comfortable debt burden, along with its strong standing in the markets where it operates and the favorable risk profile of the industry. The agency assessed the company’s level of corporate risk as low. The rating was assigned based on the company’s consolidated IFRS financial statements, with an account to the high degree of operational and managerial integration among Group assets.

The agency also emphasized the resilience of Delo Group’s transportation, logistics, and stevedoring segments to external challenges. It noted that the container transportation market shows lower volume volatility compared to other areas of the transport sector.

Additional positive factors include a high level of strategic support and a moderately high quality of corporate governance.

The stable outlook indicates a high likelihood that the credit rating will remain unchanged over the next 12 months. < Back to list