May 7 (SeeNews) - Standard & Poor's Global Ratings (S&P) has affirmed the long-term credit rating of Slovenian state-controlled toll road network operator DARS at A+, the company said.
At the same time, S&P affirmed the short-term A-1 credit rating of DARS with stable prospects, as well as its bbb- stand-alone credit profile (SACP), the Slovenian company said in a filing with the Ljubljana Stock Exchange on Monday.
The company recorded a net operating profit of 140.4 million euro ($151.1 million) in 2023, up from 135.1 million euro in the previous year.
DARS manages and maintains more than 600 km of motorways and high-speed roads, according to company data.
($ = 0.9293 euro)