Fitch Ratings confirms Kaufman & Broad's Investment Grade rating, maintaining it at BBB- for the second year running.
The rating reflects the Group’s solid financial management and resilient business model, even in an uncertain global environment.
For Fitch Ratings, the confirmation of the rating reflects Kaufman & Broad’s solid commercial and financial profile, which proves resilient during periods of weak demand. Fitch’s confirmation of this rating underscores the Group’s solid financial structure and its ability to generate substantial cash flow on a structural basis. To date, Kaufman & Broad is the only pure developer in continental Europe to benefit from an Investment Grade rating.
