DONCASTERS WELCOMES CREDIT RATING UPGRADE 2 September 2021, Burton upon Trent, UK – Doncasters Group, a UK-headquartered international manufacturer of high-precision alloy components, welcomed the rating upgrade of its PDR and its first-tier loans by rating agency Moody’s. In addition, Moody’s has changed the outlook on all of Doncasters’ ratings to positive, reflecting Moody’s view that the Company’s revenue and EBITDA will continue to grow over the next 12-18 months supported by organic growth and new business wins with “opportunities to improve to historic levels of profitability.” Mike Quinn, Doncasters CEO commented: “While we are committed to further upgrades it is gratifying that our work so far has been recognised. This upgrade and positive outlook are a testament to the improvements we are making to our operations, the resilience of the business and our employees during the worst effects of the pandemic, and the confidence we have from our shareholders.” — The Moody’s Press Release can be viewed here: https://www.moodys.com/research/Moodys-affirms-Doncasters-Caa2-corporate-family-rating-and-upgrades-first–PR_453249?cid=7QFRKQSZE021 RECOMMENDED POSTS SIMON MARTLE APPOINTED DONCASTERS CFO DONCASTERS RECEIVES COURT APPROVAL FOR FINANCIAL RESTRUCTURING DONCASTERS GROUP ANNOUNCES LOCK-UP AGREEMENT IN ADVANCE OF FINANCIAL RESTRUCTURING Website Terms of Use Privacy & Cookies UK Gender Pay Gap Report Modern Slavery Statement DONCASTERS GROUP Repton House Bretby Business Park Ashby Road Burton-upon-Trent DE15 0YZ United Kingdom Tel: +44 (0) 1332 864 900 NEWS IVOSTUD purchases welding stud and end-customer business of OBTEC Doncasters Droitwich Site Set For Expansion Doncasters Welcomes Credit Rating Upgrade New furnace planned for Ross & Catherall Doncasters Announces Legal Team Leadership Change © Doncasters Group 2021 All Rights Reserved | Built by Be.Smart We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. Read More Cookie Settings Accept All Reject All → PHONE Linkedin