Moody’s upgrades Almirall’s rating to Ba2 from Ba3 and maintains stable outlook

Almirall edificio id

Banc Sabadell: According to press reports, Moody’s has upgraded Almirall’s (ALM) rating to Ba2 from Ba3, while maintaining a stable outlook. This change would respond to the expectation of strong revenue growth in the coming years supported by the launch of Ebglyss and other products in its current dermatology portfolio.

Assessment: Positive news with limited impact

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