Stonewater retains top A+ credit rating

Stonewater has retained its A+ credit rating from S&P Global, despite the current wider economic challenges.

Commenting on the announcement, Nicholas Harris, Chief Executive at Stonewater, said:

“We are very pleased to have retained our A+ rating from S&P Global – particularly in these difficult economic times. It is a key measure of the strength of our organisation now, and a vote of confidence in our future plans to continue to invest to support our customers.

“Given the current high level of inflation, the shift to a negative outlook in our rating was to be expected. We are confident we are on the right track to deliver our promises to our customers and are working hard in partnership with our suppliers to contain the impact of inflation.”