tiprankstipranks
Trending News
More News >

Scope Ratings Affirms Borregaard’s A-/Stable Rating Amid Debt Increase

Story Highlights
  • Borregaard ASA is a leading supplier in specialty chemicals, focusing on lignin and cellulose.
  • Scope Ratings affirms Borregaard’s A-/Stable rating, noting strong market position despite rising debt.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scope Ratings Affirms Borregaard’s A-/Stable Rating Amid Debt Increase

Don’t Miss TipRanks’ Half-Year Sale

Borregaard ASA ( (GB:0QB7) ) has issued an update.

Scope Ratings GmbH has affirmed Borregaard ASA’s issuer rating of A-/Stable, reflecting the company’s strong business and financial risk profiles despite increased debt and expected higher capital expenditures. The rating underscores Borregaard’s solid market position and diverse product portfolio, which are expected to support stable operating results, although geopolitical uncertainties and currency risks remain potential challenges.

More about Borregaard ASA

Borregaard ASA is a Norwegian specialty chemicals company, recognized as the world’s largest supplier of lignin, with a significant presence in the global specialty cellulose market. The company focuses on wood-based specialty chemicals, offering products such as lignin-based biopolymers, biovanillin, cellulose fibrils, and bioethanol, with a market emphasis on agriculture and other advanced applications.

YTD Price Performance: -6.14%

Average Trading Volume: 5,006

Technical Sentiment Signal: Buy

Current Market Cap: NOK17.19B

For an in-depth examination of 0QB7 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1