AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Tesmec

Regulatory Filings Mar 21, 2016

4055_rns_2016-03-21_25c5cdbb-452a-4f66-9ce1-f1e62992ff22.pdf

Regulatory Filings

Open in Viewer

Opens in native device viewer

Informazione
Regolamentata n.
1155-17-2016
Data/Ora Ricezione
21 Marzo 2016
08:09:43
MTA - Star
Societa' : TESMEC
Identificativo
Informazione
Regolamentata
: 71135
Nome utilizzatore : TESMECN01 - Patrizia Pellegrinelli
Tipologia : AVVI 16
Data/Ora Ricezione : 21 Marzo 2016 08:09:43
Data/Ora Inizio
Diffusione presunta
: 21 Marzo 2016 08:24:43
Oggetto : Cerved Tesmec - Confirmation of rating A2.2 by
Testo del comunicato

Vedi allegato.

TESMEC S.P.A.: CONFIRMATION OF THE SOLICITED RATING "A2.2" BY CERVED RATING AGENCY FOR THE THIRD CONSECUTIVE YEAR

Grassobbio (Bergamo - Italy), 21 March 2016Tesmec S.p.A. (MTA, STAR: TES), at the head of a group leader in the market of infrastructures related to the transport and distribution of energy, data and material, announced that Cerved Rating Agency, the Italian rating agency specialized in the credit rating assessment of non-financial businesses, confirmed the solicited rating "A2.2" - very high credit quality - of the company for the third consecutive year.

It is an important achievement for Tesmec Group since the rating "A2.2" corresponds to the fifth class of risk on a scale of 13 classes (from A1.1 to C2.1) and it is the result of an evaluation process which combines rigorous quantitative models of credit risk forecast and accurate qualitative studies of analysts, considering also the competitive positioning of the Company in the sector.

In particular, Cerved Rating Agency considers Tesmec as a Group characterized by a high capacity to meet its commitments and with a good overall balance.

The Chairman and CEO of Tesmec S.p.A., Ambrogio Caccia Dominioni, commented as follows: "We are very satisfied with the assessment that Cerved Rating Agency assigns us and with the achievement of this result for the third consecutive time, thanks to the excellent performances in recent years confirming the validity of the strategy of the Group: further strengthening in core business segments and development in new high technological sectors".

****

For further information:

Tesmec S.p.A. Image Building - Media Relations
Patrizia Pellegrinelli Simona Raffaelli, Alfredo Mele, Valentina
Investor Relator Bergamelli
Tel: +39 035 4232840 – Fax: +39 035 3844606 Tel: +39 02 89011300
E-mail: [email protected] E-mail: [email protected]

This press release is also available on www.tesmec.com in the "Investors" section: http://investor.tesmec.com/Investors/Notices.aspx.

Tesmec Group

Tesmec Group is leader in designing, manufacturing and selling of systems, technologies and integrated solutions for the construction, maintenance and efficiency of infrastructures related to the transport and distribution of energy, data and material. In details, the Group is active in the following sectors: 1) transmission and distribution power lines (stringing equipment for the installation of conductors and the underground cable laying, electronic devices and sensors for the management, monitoring and energy automation); 2) underground civil infrastructures (high powered tracked trenchers for linear excavation of oil, gas and water pipelines, telecommunication networks and drainage operations; surface miners for bulk excavation, quarries and site preparation; specialized digging services); 3) railway lines (railway equipment for the installation and maintenance of the catenary and for special applications, e.g. snow removal from track; new generation power unit).

The Group, established in 1951 and led by Chairman & CEO Ambrogio Caccia Dominioni, relies on more than 500 employees and has six production plants: four in Italy, in Grassobbio (Bergamo), Endine Gaiano (Bergamo), Sirone (Lecco), Monopoli (Bari), one in the USA, in Alvarado (Texas) and one in France, in Durtal. The Group also has a global commercial presence through foreign subsidiaries and sales offices in USA, South Africa, Russia, Qatar, Bulgaria, China and France.

The know-how achieved in the development of specific technologies and solutions, and the presence of engineering teams and highly skilled technicians, allow Tesmec to directly manage the entire production chain: from the design, production and sale of machinery, to all pre-sales and post-sales. All product lines are developed in accordance with the ISEQ (Innovation, Safety, Efficiency and Quality) philosophy, with environmental sustainability and energy conservation in mind.

Talk to a Data Expert

Have a question? We'll get back to you promptly.