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
Negative Outlook
Ba3
Moody's
Stable Outlook
A-
JCR
Negative Outlook
Net debt (in €bn)
In February 2022, strategic acquisition of an 82% in Hella for €5.4bn, of which €4.2bn was paid in cash and increased Group’s indebtedness.
To reduce debt, a €1bn disposal program was launched and is on track to be completed by end 2023.
The Group’s target is to be below 1.5x Net debt/Adj. EBITDA ratio at end 2025
Contact
Individual shareholder contact
0 805 651 206
(toll-free number)
(toll-free number)
