TEXT-Fitch: EMEA Industrials to see rating stabilisation in 2010


(The following statement was released by the ratings agency) Feb 24 - Fitch Ratings says that, whilst lagging other corporate sectors, the stabilisation of rating outlooks for EMEA Industrials' issuers is generally expected to gain pace in 2010 but with a significant variance between sub-sectors and, in some cases, at lower re-based rating levels. As of December 2009, 48% of Fitch-rated EMEA Industrial issuers had a Negative Outlook or were on Rating Watch Negative (RWN) compared with ...

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