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Europe, Middle East & Africa

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  • 4 Aug 2017
    • Automotive Manufacturers - Germany : Diesel summit agreement to help repair reputational damage of diesel cars
      An agreement to recall 5.3 million diesel vehicles in Germany for a software update to reduce nitrogen oxide emissions by an average of 25%-30% is credit positive for the car companies. It should help halt the market share erosion of diesel engine cars, which remain vital to industry efforts to meet stricter CO2 emissions targets.   Full Report​ ​
  • 26 Jul 2017
    • Tobacco - Europe : Steady operating profit growth keeps outlook stable
      We expect operating profit growth excluding translational foreign exchange effects of around 5.0%-6.0%, which is at the upper end of our range for a stable outlook. This will more than offset a volume decline of around 2.0%-3.0%.Press Release l Full Report​​​
  • 19 Jul 2017
    • Non-financial companies - EMEA: Cash pile climbs to €974 billion; cash relative to revenues hits seven-year high
      EMEA companies are holding a slightly higher cash cushion than in previous years, but the aggregate share of the top five corporate cash holders is lower than that of the same group in the US.Full Report
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  • Moody’s Credit Assessment™ is provided by Moody’s Credit Assessment, Inc. Moody’s Credit Assessment™ is not a Moody’s Investors Service credit rating and is solely based on publicly available information.