Skip to main content

Moody’s upgrades Italcementi outlook to ‘positive’

Published by
World Cement,

Following yesterday’s report on Italcementi’s 1H14 results, which the group says are in line with its programs, today the international cement company announces that the rating agency Moody’s has changed the group’s outlook to ‘positive’ from stable.

In a statement, Italcementi wrote:

‘Italcementi informs that, after the positive conclusion on the ‘i.150’ project, the rating agency Moody’s, after last March announcement of review, confirmed the ‘Ba3’ corporate family rating, while the outlook is changed to ‘positive’ from ‘stable’. The same rating is affirmed for the EMTN programme and for the subsidiary Italcementi Finance.  Following the recent transaction which led Italcementi to control the total share capital of Ciments Français and the related delisting of the company,  Moody’s announced the withdrawal of the corporate family rating on the company and confirmed the Ba2 rating on Ciments Français  notes due in 2017.’

Adapted from press release by

Read the article online at:

You might also like



WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »



World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »


Embed article link: (copy the HTML code below):