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Brief Excerpt: | ...Fitch Ratings' revision of the Outlook on Flutter Entertainment plc's Issuer Default Rating (IDR) reflects Fitch's view that there is high certainty about margin improvement and organic deleveraging due to increased profitability in the US business segment. The Stable Outlook is also based on Fitch's expectations that Flutter will adhere to its conservative financial policy until its leverage targets are met. Flutter's IDR reflects its strong business profile, strong brand and product portfolio and leadership in core markets of operations. Geographical diversification was strengthened in 2022 with the acquisition of Sisal, and will continue to improve over the medium term.... |
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Report Type: | |
Company(ies) | Saudi Awwal Bank
, Arab National Bank
, Riyad Bank SJSC
, Al Rajhi Bank
, Samba Financial Group SJSC
, Saudi National Bank
, Alawwal Bank
, Bank Al-Jazira SJSC
, Banque Saudi Fransi SJSC |
Ticker(s) | 1010 , 1020 , 1050 , 1060 , 1090 , 1120 , ANB , SHB |
Format: | HTML |  |
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