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

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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 exceptional liquidity and low leverage levels.
  • The strengths of Flow’s transformation program supported by profitability and growth
  • The focus on sustainability as the main differentiator to counteract negative macroeconomic impacts.
  • Capital investments aligned with growth expectations in the markets where Rotoplas operates.

 

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 solutions for storing, piping, heating, purifying and recycling water. With 40 years of experience in the industry and 19 plants throughout the Americas, Rotoplas is present in 14 countries and has a portfolio with 27 product lines, a service platform and an e-commerce business. In 2019 the company started Flow, a transformation program aimed to increase ROIC in order to continue creating value in the long term for all of its stakeholders.
 

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