Moody’s affiliate affirms Omnia’s outlook as positive
The fertiliser producer benefited from a spike in prices during the Covid-19 pandemic, which recently increased due to the war in Ukraine
23 August 2022 - 13:08
UPDATED 24 August 2022 - 13:44
GCR Ratings affirmed the outlook of Omnia from stable to positive, the chemicals, fertiliser and explosives group said on Tuesday, as its earnings profile is expected to improve over the next two years.
The Moody’s affiliate affirmed Omnia’s long and short-term national scale issuer ratings at A(ZA) and A1(ZA) because of its conservative capital management policies...
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