External rating: MAHLE in strong position
Stuttgart/Germany, April 7, 2021
- Rating agency Moody’s classifies MAHLE as Ba1 with stable outlook
- Valuation confirms financial standing and corporate strategy
- Rating strengthens position on the international capital markets
- First external rating in the company’s history
MAHLE undergoes an external rating for the first time in its company history. The rating agency Moody’s classifies the automotive supplier as Ba1 with stable outlook. This assessment confirms MAHLE’s financial standing and long-term corporate strategy. It strengthens the Group''s position on the international capital markets and increases its appeal for investors.
“As part of our capital market orientation, we consider ourselves well positioned with the rating from Moody’s. Transformation and technological change require financial flexibility and independence,” says Michael Frick, Chairman of the Management Board (ad interim) and Member of the Management Board Finance. “The rating allows us to expand our investor base even further. We have repositioned ourselves in the competition among automotive suppliers.”
The rating is essentially based on MAHLE’s market penetration and positioning with its products, broadly diversified customer portfolio, forward-looking dual strategy, conservative financial policy, and good liquidity.
Contact in MAHLE Communications:
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