For the third consecutive year, Marcegaglia Steel confirms the A2.2 rating assigned by Cerved Rating Agency (CRA), the Italian rating agency specializing in assessing the creditworthiness of non-financial Italian enterprises and evaluating the sustainability level of economic operators.

The evaluation, which places Marcegaglia in the upper part of the rating scale, reflects a diversified business model that allows maintaining positive economic performance despite a challenging sector environment, and a solid financial-asset structure, enhanced by a constant ability to generate operational cash flows. Looking ahead, Cerved Rating Agency predicts the maintenance of an economic-financial setup in line with the current risk profile, despite the substantial investment plan planned.

The rating announcement can be consulted here.