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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.