REG-HMS Group HMS Group: Fitch affirms B+ (Stable)

HMS Hydraulic Machines & SystemsAnnouncement

28/07/2020 09:05

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   HMS Group (HMSG)
   HMS Group: Fitch affirms B+ (Stable)

   28-Jul-2020 / 11:03 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   HMS Hydraulic Machines & Systems Group plc
   (the "Company", and together with its subsidiaries, the "HMS Group")

    

   Fitch Affirms HMS Group Rating of "B+" and Stable Outlook

    

   Moscow, Russia

   July 28, 2020

    

    

   HMS Group (LSE: HMSG) announces today that Fitch Ratings affirms JSC HMS
   Group's Foreign- and Local-Currency Issuer Default Ratings (IDR)s of "B+",
   the outlook "Stable". The rating reflects HMS' "forecast sustainable
   operating performance supported by the healthy order book, leading market
   position, strong customer base, comfortable liquidity and an expected
   gradual oil price recovery in the medium term."

    

   The full text of Fitch's press release is available on the agency's
    1 website.

    

   For more information, please, contact:

   Capital markets, on telephone: +7 (495) 730-6601, or email:
    2 capital-markets@hms.ru

    

   About HMS Group

   HMS Group is the leading pump and compressor manufacturer, as well as
   provider of flow control solutions and related services for the oil and
   gas, petrochemistry, nuclear and thermal power generation, water and
   wastewater sectors in Russia and the CIS headquartered in Moscow, Russia.
   HMS Group's products are mission-critical elements of projects across a
   diverse range of industries. HMS has a listing on the London Stock
   Exchange in the form of global depositary receipts (LSE: HMSG).

    

   Press Release Information Accuracy Disclaimer

   Information published in press releases was accurate at the time of
   publication but may be superseded by subsequent releases or other
   information.

    

    

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   ISIN:           US40425X4079
   Category Code:  MSCM
   TIDM:           HMSG
   LEI Code:       254900DDFETNLASV8M53
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   78330
   EQS News ID:    1103591


    
   End of Announcement EQS News Service

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    3 fncls.ssp?fn=show_t_gif&application_id=1103591&application_name=news&site_id=refinitiv

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=a5693976d07d234102e972b2162632e7&application_id=1103591&site_id=refinitiv&application_name=news
   2. mailto:capital-markets@hms.ru


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