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DGAP-UK-Regulatory News vom 28.07.2020

HMS Group: Fitch affirms B+ (Stable)

HMS Group (HMSG)
28-Jul-2020 / 11:03 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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

 

Moscow, Russia

July 28, 2020

 

 

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' "forecast sustainable operating performance supported by the healthy order book, leading market position, strong customer base, comfortable liquidity and an expected gradual oil price recovery in the medium term."

 

The full text of Fitch's press release is available on the agency's website.

 

For more information, please, contact:

Capital markets, on telephone: +7 (495) 730-6601, or email: [email protected]

 

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).

 

Press Release Information Accuracy Disclaimer

Information published in press releases was accurate at the time of publication but may be superseded by subsequent releases or other information.

 

 




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