Birkenstock Scores Upgrade from S&P Global
Strong results in FY ‘25 prompted S&P to raise its long-term issuer credit rating on the German sandal maker to BB+ from BB and its issue rating on the existing €428.5 million senior unsecured notes due 2029, to BB from B+. The firm deemed Birkenstock’s outlook stable, reflecting conservative policy and improving balance sheet ratios. Top line results for FY ‘26, ending Sep. 30, are guided to grow by 11% to 12% to ... Log in to view full article.
