Rating agency KZ-Rating raises credit rating of Caspian Beverage Holding (Kazakhstan) on national scale to ВВВ+; outlook Stable

/LLP "Rating agency "KZ-rating", heading by KASE, November 20, 12/ - Agency "KzRating" has increased the credit rating of JSC "Caspian Beverage Holding" (Almaty) on the national scale to level "ВВВ+"; outlook Stable. According to the agency, increasing of the national scale rating was caused by the sustainable improvement of the Company's financial indicators. Factors justifying the rating are as follows: availability of competitive brands, low debt burden, stable increase in revenues in general, moderate operating profitability. Factors impeding the rating are as follows: strong competition in markets where the company operates, relatively small size of the Company and lifetime of the business, high concentration on one creditor. [2012-11-20]