HMS Hydraulic Machines & Systems Group plc
(the "Company", and together with its subsidiaries, the "HMS Group")
Fitch Affirms HMS Group Rating of "B+" and Stable Outlook
July 30, 2018
HMS Group (LSE: HMSG) announces today that Fitch Ratings affirms JSC HMS Group's Foreign- and Local-Currency Issuer Default Ratings (IDR)s of "B+", the outlook "Stable".
The rating reflects HMS' leading market position, strong customer base, healthy liquidity and stable fundamentals of the oil industry.
The full text of Fitch's press release is available on the agency's website https://www.fitchratings.com/site/pr/10039479
For more information, please, contact:
Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: email@example.com
About HMS Group
HMS Group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group's products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).
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