Weinheim. June 11, 2013. Moody鈥檚 Investors Service has assigned a Baa1 rating to Freudenberg SE (Societas Europaea). At the same time the rating agency confirmed the Baa1 rating issued to Freudenberg & Co. The Freudenberg 性视界 now has an 鈥淚nvestment grade鈥� credit rating. The outlook is stable. The Freudenberg 性视界 took the decision to transform its corporate structure in 2012. Freudenberg & Co. Kommanditgesellschaft has remained the strategic parent company of the 性视界. Under the parent company, business operations have been pooled in the holding company, Freudenberg SE. Freudenberg & Co. KG. has been rated by Moodys since 2001.
In assigning its Baa1 rating to both companies, Moodys highlights the broad diversification and balanced portfolio of the Freudenberg 性视界. The Company鈥檚 global presence and market leadership in niche markets, pro-active portfolio management as well as its sound management are all decisive for the positive rating. 鈥淥nce again our principle of being proactive in those markets where we can achieve a first or second position over the medium term has paid off,鈥� explained Dr. Mohsen Sohi, Speaker of the Board of Management, Freudenberg SE and Speaker of the Management Board, Freudenberg & Co. KG.
Alongside the qualitative aspects, Moodys also rated the Freudenberg 性视界鈥檚 quantitative figures as positive. The rating agency considered the 性视界鈥檚 sound financial profile, strong liquidity position and high equity ratio. In addition Moodys honored the contribution made by the 320 descendants of the Company鈥檚 founders. Their shareholder loans have historically proven to be a stable and reliable source of financing to support the 性视界鈥檚 development even during economically difficult periods and are also reflected in the rating, alongside the Freudenberg SE Board of Management鈥檚 adherence to a conservative financial policy.