TEXT-Fitch changes Wurth's outlook to stable; affirms IDR at A-

Newswire

(The following statement was released by the ratings agency) Aug 31 - Fitch Ratings has changed Adolf Wurth GmbH & Co KG's (Wurth) Outlook to Stable from Negative. Its Long-and Short-term Issuer Default ratings (IDR) have been affirmed at 'A-' and 'F2', respectively. The Stable Outlook reflects Fitch's expectation of a continued recovery of sales and profit margins over the next two to three years. While Wurth's business profile is considered by Fitch to be above average compared ...

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