Fitch Ratings raises GCC outlook

Fitch Ratings raises GCC outlook
Published: 27 January 2014

Tagged Under: Fitch Ratings USA Mexico GCC 

Fitch Ratings has revised its outlook for Grupo Cementos de Chihuahua (GCC) from 'Stable' to 'Positive.'
The upward revision reflects Fitch's view that GCC's operations could gain momentum resulting from US construction spending expanding in 2014 driven by continued strength in residential construction, and to a lesser extent in modest recovery in commercial and public construction spending.

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