EQS-News: Telekom Austria AG
/ Key word(s): Rating
A1 Group upgraded by Moody’s from Baa1 to A3, outlook stable The international rating agency Moody’s Investors Service (Moody’s) upgraded the credit rating of A1 Group from Baa1 to A3 with a stable outlook earlier today. On top of Standard & Poor’s and Fitch, with the latest upgrade of Moody's, A1 Group is now A rated by all three major credit rating agencies. According to Moody’s the upgrade was driven by the sustainably reduced leverage, supported by a better than expected operating performance and a solid track record operating under a conservative financial policy. Alejandro Plater and Thomas Arnoldner, the Management Board of A1 Group, agree: “The upgrade reflects a consistent history of adhering to the strong execution of our strategy, a prudent financial policy and resilient results in a challenging environment.”
19.12.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com |
Language: | English |
Company: | Telekom Austria AG |
Lassallestrasse 9 | |
1020 Vienna | |
Austria | |
Phone: | 004350664 47500 |
E-mail: | investor.relations@a1.group |
Internet: | www.a1.group |
ISIN: | AT0000720008 |
Listed: | Vienna Stock Exchange (Official Market) |
EQS News ID: | 1800565 |
End of News | EQS News Service |
|
1800565 19.12.2023 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.