Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Cimpress plc > News item |
S&P changes Cimpress view to positive
S&P said it revised the outlook for Cimpress plc to positive from negative and affirmed its B+ rating.
“Cimpress plc's bookings have rebounded faster than expected after a steep decline in the early months of the coronavirus pandemic, and we believe adjusted EBITDA could grow to over $400 million in fiscal 2021,” S&P said in a press release.
The agency said Cimpress’ leverage could fall to lower than 4.5x by the end of the fiscal year.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.