Cement News tagged under: Societe des Ciments d'Enfidha
Fitch withdraws Societe des Ciments d'Enfidha ratings, Tunisia24 June 2015, Published under Cement NewsFitch Ratings has affirmed Tunisian building materials group Societe des Ciments d'Enfidha (SCE) National Long-term rating of 'BBB(tun)' with Stable Outlook and National Short-term rating of 'F3(tun)'. However, Fitch simultaneously withdrew the ratings because it no longer has sufficient information to maintain them. Accordingly, Fitch will no longer provide ratings or analytical coverage for SCE. Key ratings drivers Leading market position Fitch notes that SCE demonstrated a capaci... |
Fitch affirms Societe des Ciments d'Enfidha's long-term rating, Tunisia17 October 2012, Published under Cement NewsFitch Ratings has affirmed Tunisia-based cement manufacturer Societe des Ciments d'Enfidha's (SCE) National Long-term rating at 'BBB(tun)' and National Short-term rating at 'F3 (tun)'. The Outlook is Stable. The affirmation reflects SCE's recovery of an adequate trading performance in the first eight months of 2012 after production recovered to pre-revolution levels at its Enfidha plant. Despite expected lower operating margins in 2012 compared to historical levels due to rising energ... |
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