Dassault Systèmes: 'A-' credit rating at S&P
(CercleFinance.com) - 3D Software publisher Dassault Systèmes announces that S&P Global Ratings has given it an "A-" long-term credit rating, with a "stable" outlook, given the robust risk profile of its businesses.
In particular, this profile reflects taking into account very high barriers to entry, a high degree of differentiation, thanks to 3DExperience, the company's constant innovation effort and its ability to withstand different business cycles.
Thibaud Lagache, Lead Analyst, S&P Global, said, "Dassault Systèmes' credit quality is supported by its strong balance sheet, financial flexibility, a prudent financial policy, its well-seasoned and stable management," who also points out and its supportive ownership structure.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
In particular, this profile reflects taking into account very high barriers to entry, a high degree of differentiation, thanks to 3DExperience, the company's constant innovation effort and its ability to withstand different business cycles.
Thibaud Lagache, Lead Analyst, S&P Global, said, "Dassault Systèmes' credit quality is supported by its strong balance sheet, financial flexibility, a prudent financial policy, its well-seasoned and stable management," who also points out and its supportive ownership structure.
Copyright (c) 2019 CercleFinance.com. All rights reserved.