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Ratings

RAEX Rating (EXPERT RA)

In September 2020, Expert RA rating agency confirmed Obuv Rossii’s credit rating at ruBBB+ with stable outlook. 

The rating agency underlined strong competitive positions of the Company, its nationwide scale of business and high diversification of the products and services. As of the reporting date, the Company also maintained moderately high level of absolute liquidity and high quick asset level, which supported the rating. The agency rated high the Company’s efficient credit portfolio management, increase of the share of long-term loans as well as a sufficient volume of long-term undrawn credit lines for short-term debt refinancing.

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