FRANKFURT (Dow Jones) – Credit rating agency Moody’s has its Outlook for the credit rating of Fresenius SE to "stable" from "negative" increased. The business of the Bad Homburg health care group during the global Economic crisis had remained stable and the financial ratios would have improved, founded Moody’s Investors Service on Friday Decision. The corporate family rating of Fresenius reaffirmed the Rating agency "Ba1".
Last year, the Mutual Group had by a constant organic sales growth of around 8% and an EBIT margin of continued over 15% once again its resilience to economic cycles demonstrated. An increase in the rating, Moody’s will but only in CONSIDER, if the financial strategy of the group clearly change and have a lower level of indebtedness to the goal. Also the debt structure must first be simplified.
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(END) Dow Jones Newswires
May 21 2010 10:12 ET (14:12 GMT)
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