Ratings and Performance Highlights
Operating Indicators | 2018 | 2019 | 2020 | 2021 | 9M 2021 | 9M 2022 |
---|---|---|---|---|---|---|
Freight turnover, mln. tones-kilometers | 2,571 | 2.909 | 2 895 | 3 291 | 2 455 | 3 105 |
Passenger turnover, mln. passenger-kilometers | 634 | 677 | 247 | 273 | 125 | 168 |
Financial Highlights | 2018 | 2019 | 2020 | 2021 | 9M 2021 | 9M 2022 |
---|---|---|---|---|---|---|
Revenue mln. Gel | 424,614 | 491,038 | 489 370 | 547 868 | 408 951 | 491 155 |
Adjusted EBITDA | 172,322 | 223,179 | 218 962 | 226 576 | 179 503 | 218 364 |
Adjusted EBITDA margin | 40,58% | 45,45% | 44,74% | 41,36% | 43,89% | 44,46% |
Credit Ratings
First issued | LT | Outlook | ST | Last issued | LT | Outlook | ST | |
---|---|---|---|---|---|---|---|---|
Standard & Poor's | 2010 | B+ | Stable | B | 2022 | BB- | Stable | B |
Fitch Ratings | 2010 | B+ | Stable | B | 2023 | BB- | Positive | B |
Standard and Poor`s | Fitch | |||||||
---|---|---|---|---|---|---|---|---|
Date | LT | Outlook | ST | Date | LT | Outlook | ST | |
Dec-22 | BB- | Stable | B | Feb-23 | BB- | Positive | B | |
Mar-22 | B+ | Positive | B | Dec-22 | BB- | Stable | B | |
May-21 | B+ | Negative | B | Dec-21 | BB- | Stable | B | |
Dec-21 | B+ | Stable | B | Aug-21 | BB- | Stable | B | |
Jun-20 | B+ | Negative | B | May-20 | BB- | Negative | B | |
Apr-19 | B+ | Positive | B | Mar-19 | BB- | Stable | B | |
Sep-17 | B+ | Stable | B | Nov-18 | B+ | Positive | B | |
Sep-16 | B+ | Negative | B | Jan-17 | B+ | Stable | B | |
Sep-16 | B+ | Stable | B | Sep-16 | BB- | Negative | B | |
Mar-12 | BB- | Stable | B | Dec-14 | BB- | Stable | B | |
Jun-10 | B+ | Stable | B | Nov-13 | BB- | Negative | B | |
Dec-11 | BB- | Stable | B | |||||
Mar-11 | B+ | Positive | B | |||||
May-10 | B+ | Stable | B |