Sistema PJSFC: S&P affirms Sistema's credit rating at BB, outlook upgraded to 'positive'
S&P also noted the resilience of Sistema\'s diversified portfolio, which delivered impressive operational results in 2020 despite the global COVID-19 pandemic, as well as steady cash flows at the Corporate Centre level.
- S&P also noted the resilience of Sistema\'s diversified portfolio, which delivered impressive operational results in 2020 despite the global COVID-19 pandemic, as well as steady cash flows at the Corporate Centre level.
- The \'positive\' outlook means that the rating may be upgraded over the next 12-18 months.
- Revenue in 2020 was RUB 691.6 billion; total assets equalled RUB 1.4 trillion as of 31 December 2020.
- Sistema\'s global depositary receipts are listed under the "SSA" ticker on the London Stock Exchange.