Kaufman et Broad (FR:KOF) has released an update.
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Fitch Ratings has reaffirmed Kaufman & Broad S.A.’s ‘BBB-‘ investment grade rating with a stable outlook, reflecting the company’s strong financial and commercial position, including effective project management and a net cash position that secures debt maturities. As the only pure homebuilder in Europe with such a rating, the company stands out for its robust financial structure and ability to consistently generate substantial cash flows.
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