S&P Global Ratings maintains Grupo Rotoplas’ ‘mx AA-‘ rating with stable outlook

Grupo Rotoplas, S.A.B. de C.V. (BMV: AGUA*) (“Rotoplas” or “The Company”), the leading provider of water-solutions in the Americas, announces that S&P Global Ratings maintained the following ratings:
• Issuers credit rating in national scale at ‘mxAA-‘ with a stable outlook.
• Long-term debt rating on the AGUA 17-2X sustainable bond at ‘mxAA-‘ in national scale.


The main topics highlighted in the document are as follows:
• The company has an exceptional level of liquidity. Profitability and balance sheet improvements are expected through cash flow generation and growth strategies.
• The sales and pricing strategy will continue to strengthen the Group’s financial indicators to meet the annual growth plan.
• It is expected that the Group will continue to strengthen its business scale as new products and services consolidate in the market.
• The solutions offered by the company have high growth potential due to the water shortages that have occurred in several regions in Latin America.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact Details

Mariana Fernández

mfernandez@rotoplas.com

María Fernanda Escobar 

mfescobar@rotoplas.com

 
About the Company
Grupo Rotoplas S.A.B. de C.V. is America’s leading provider of water solutions, including products and services for storing, piping, improving, treating and recycling water. With over 40 years of experience in the industry and 19 plants throughout the Americas, Rotoplas is present in 14 countries and has a portfolio that includes 27 product lines, a services platform and an e-commerce business. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker “AGUA” since December 10, 2014.

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