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2024-02-19T13:02:13.475Z
Highlights: ArcelorMittal, Moody's raises outlook to positive, confirms rating. Moody's confirms long-term rating at Baa3. “Today's change in outlook to. positive primarily reflects the progress Arcelor Mittal is making in strengthening. its business profile and structurally improving its profitability, while. maintaining positive cash flow and capital allocation discipline”, explains the rating company. Reproduction of this article is permitted under the terms of the European Market Abuse Act.
Moody's upgraded ArcelorMittal's outlook to 'positive' from 'stable', confirming its long-term rating at Baa3. (HANDLE)
Moody's upgraded ArcelorMittal's outlook to 'positive' from 'stable', confirming its long-term rating at Baa3.
“Today's change in outlook to positive primarily reflects the progress Arcelor Mittal is making in strengthening its business profile and structurally improving its profitability, while maintaining positive cash flow and capital allocation discipline” , explains the rating company.
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