Brief: Moody's Upgrades Vantiva's Rating To CAA1

Vantiva SA

27/09/2022 18:40

Sept 27 (Reuters) - Vantiva (Ex-Technicolor): 
    * MOODY'S UPGRADES VANTIVA'S CFR TO CAA1
    * RATINGS COULD BE DOWNGRADED IF VANTIVA'S LIQUIDITY WEAKENS
    * STABLE OUTLOOK REFLECTS MOODY'S EXPECTATION THAT VANTIVA
WILL BE
ABLE TO MANAGE THROUGH COMPONENTS SHORTAGES IN CH BUSINESS
    * RATINGS COULD BE UPGRADED IF VANTIVA DEMONSTRATES
SUSTAINABLE
REVENUE GROWTH, UPS MARGINS AND REDUCES DEBT/PROFIT RATIO,
MAINTAINS LIQUIDITY, ALL ON SUSTAINED BASIS

Further company coverage:  VANTI.PA 
 ((Tassilo.Hummel@thomsonreuters.com; +33 (0) 6 75 31 92 00;))