Aug 20 2013
On Aug. 20, 2013, Standard and Poor’s Rating Services assigned its ‘zaA’ long-term South Africa national scale credit rating to South Africa-based transportation firm Super Group Ltd.
Summary of Ratings Review
- We assess South Africa-based transportation firm Super Group Ltd. As having a “fair” business risk profile and an “intermediate” financial risk profile.
- Super Group benefits from strong growth opportunities in the South African logistics services market and resilient operating margins. At the same time, Super Group has weak geographic diversification, being largely dependent on South Africa for revenue and profit generation.
- We are assigning our ‘zaA’ long-term South Africa national scale rating to Super Group.