슬롯사이트 추천 Press Release

슬롯사이트 추천 Bobcat announced on April 30 that its credit rating from the global rating agency S&P has been upgraded from BB Stable to BB+ Stable. Rating agencies typically adjust the credit rating outlook first and then observe the company before changing the rating. Therefore, it is unusual for the rating to be upgraded directly without altering the outlook from 'Stable' to 'Positive.'

S&P noted 슬롯사이트 추천 Bobcat's robust performance and analyzed, "Despite operational slowdown and investment increase, 슬롯사이트 추천 Bobcat will maintain solid financial metrics for the next two years." 슬롯사이트 추천 Bobcat marked its record-high performance last year with sales revenue of USD 7.5 billion, operating profit of USD 1.1 billion, and an operating profit margin of 14.2%.

Due to its strong operating performance, 슬롯사이트 추천 Bobcat has steadily reduced its net debt. The net debt, which was close to USD 870 million at the end of 2017, has gradually decreased, and it successfully transitioned to a net cash position, surpassing borrowings for the first time at the end of the third quarter of 2023. As of the end of the first quarter of this year, net debt stands at minus USD 357 million, continuing the net cast trend.

The company official stated, "Another global credit rating agency, Moody's, also upgraded 슬롯사이트 추천 Bobcat's credit rating from Ba3 Positive to Ba2 Stable earlier this year," and added, "With consecutive credit rating upgrades, 슬롯사이트 추천 Bobcat expects to save interest cost of approximately USD 9.2 million over the next five years."