With this very good rating, Creditreform Rating AG once again confirms Zeppelin's high creditworthiness and low default risk. The decisive reasons for the repeated rating are the solid financial position and the successful management of the special and complex challenges. These include a noticeable reluctance to buy and invest, geopolitical and economic uncertainties, such as Russia's war against Ukraine, and the persistently high level of interest rates. Despite these difficult conditions, the Zeppelin Group managed to achieve and even exceed its revenue and earnings targets for 2023. Although a decline in revenue and earnings is expected for 2024, Creditreform rates the development of Zeppelin GmbH as “stable”.

“I am very pleased that our “A-” rating with a “stable” outlook has been confirmed. In view of the ongoing geopolitical tensions and economic uncertainties, this is not a matter of course, but much more the result of the entire Zeppelin team, which faces the challenges with great commitment every day,” says Christian Dummler, CFO of Zeppelin GmbH.

The detailed report is available on the Creditreform Rating AG website.

Further information on the economic situation of the Zeppelin Group can be found in the Annual Report 2023.

The current Sustainability Report 2023 is also available in digital form.

Creditreform Rating AG is one of the leading European rating agencies and part of the globally active Creditreform Group, one of the largest providers of business information in Europe. Creditreform Rating AG specializes in the assessment of credit risks and offers investors and lenders a comprehensive range of rating services and risk management solutions.

© Zeppelin GmbH

This press release may be reproduced free of charge. Please notify us or send us a copy for our records.