Credit rating

Stay updated on our financial standing with our latest credit ratings and comprehensive debt information. Explore now for the most recent insights.

Rating

BB+

Fitch Ratings

Negative Outlook

BB-

Standard & Poor's

Stable Outlook

Ba3

Moody's

Stable Outlook

A-

JCR

Negative Outlook

Net debt (in €bn)

  • In February 2022, the strategic acquisition of a 82% stake in Hella for €5.4bn led to a €4.2bn increase in debt. 
  • The Group’s target is to be below 1.5x Net debt/Adj. EBITDA ratio at end 2025.

     

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Contact

Analysts & investors contact
Adeline Mickeler & Sébastien Leroy
Investor Relations
Individual shareholder contact
0 805 651 206
(toll-free number)