BUZZ-S&P upgrades Australia's Aristocrat on scale and cash‑flow strength

Reuters
02/06
BUZZ-S&P upgrades Australia's Aristocrat on scale and cash‑flow strength

** S&P Global upgrades Aristocrat Leisure's ALL.AX rating, citing slot-machine maker's expanded scale and robust cash‑flow generation

** Lifts long‑term issuer credit rating to ‘BBB’ from ‘BBB-’ and upgrades the associated issue ratings on its $500 million unsecured revolving credit facility and $1.1 billion term loan A

** ALL's expanding scale, sustained earnings growth, strong free‑cash‑flow generation and low leverage collectively underpin its strengthened credit profile - S&P

** Expects ALL's dominant land‑based gaming share and its expanding online real‑money gaming arm to drive solid earnings growth and continued EBITDA margin expansion

** S&P anticipates ALL will continue prioritising investments that reinforce its market positions across land‑based gaming, social casino and online real‑money gaming

** Stock down 10.2% YTD as of last close

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10