S&P places Roper on positive watch

Standard & Poor's said it placed its ratings, including the BBB- corporate credit rating, on Roper Industries Inc. on CreditWatch with positive implications.

"The CreditWatch placement reflects our expectation that Roper will continue to benefit from continued strong end-market demand in several businesses. As a result, operating performance has improved much more than we expected," said S&P credit analyst John Sico in a news release.

In the coming months, S&P said it would analyze Roper's current financial data and credit metrics and its expectations for their performance and prospects. The CreditWatch review will focus, in part, on the company's financial policy, the agency said.

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