Fitch Ratings affirmed Salik Company PJSC’s Long-Term Issuer Default Rating (IDR) at ‘A’ on 30 July 2026.
The rating agency revised Salik's Outlook from Stable to Negative, reflecting changes in the broader external operating environment and market conditions.
The affirmation of the ‘A’ rating is supported by Salik’s resilient business model, strong balance sheet, and robust cash flow generation.
The company stated that the outlook revision does not impact its current credit rating, financial position, or long-term growth strategy.