Creditreform upgrades rating for Homann Holzwerkstoffe

Creditreform AG, based in Neuss, Germany, raised the rating for Homann Holzwerkstoffe GmbH, headquartered in Munich, from BB- "stable" to BB "stable" during its annual update in October. Stable revenues and earnings in the 2020 financial year and this year’s forecast improvement were cited as reasons. According to ...

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