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Standard & Poor’s revises Finmeccanica outlook from stable to negative

Rome, Italy - But the agency confirmed the rating

Standard & Poor’s confirmed Finmeccanica long-term rating to “BB+” and short-term to “B”, but at the same time revised its outlook from stable to negative. The agency explains in a note that the revision: “Reflects the fact that the company’s financial parameters are below expectations in the defence and aerospace sector while results are still inadequate in the transports sector”. The negative outloo...

AVIONEWS - World Aeronautical Press Agency - 1162934

AVIONEWS - World Aeronautical Press Agency
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