date:Dec 09, 2013
Dec 6 - (The following statement was released by the rating agency)
Fitch Ratings has published its European Food Retail Peer Study. The report analyses the main factors that influence our rating decisions for corporates in the European food retail sector, and compares specific traits of Fitch-rated companies in the industry.
Size, market share and operating margins are reliable indicators of rating levels for European food retailers. Their ratings are also supported by high barriers to entry