ACRA Agency Confirmed the High Creditworthiness Rating of “Kalashnikov”

Due to participation in the Armed Forces Rearmament Program, the Kalashnikov Concern is provided with the contracts in the State Defense Order structure for the nearest years. 

The Analytical Credit Rating Agency (ACRA) had confirmed the creditworthiness rating of Kalashnikov Concern at the level A (RU), the forecast is “Stable”. According to ACRA announcement, the strong business profile, high level of corporate management and profitability as well as high liquidity margin had a positive influence on the rating level.

 

The strong business profile of the Kalashnikov Concern is determined by the strong market position: the company satisfies up to 95% of domestic market of small arms.

ACRA notes the high level of corporate management that, in particular, evidences of successful realization of the development strategy of the Kalashnikov Group. The strategy proposes further growth of income from sales of civil purpose products as well as development of prospective areas, such as production of UAVs, motor boats and boats.

Original publication: Rostec

 

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