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10.03.2026
ADM Jizzakh received a financial strength rating from S&P Global
ADM Jizzakh, the first private automobile plant, received an international credit rating from S&P Global Ratings. The agency assigned a "B" issuer rating in both national and foreign currencies with a "Stable" outlook. Until now, inclusion in the "Big Three" ratings was primarily the preserve of the public sector or banking giants.
For Uzbekistan's private industrial sector, receiving such an assessment is an important step. ADM Jizzakh becomes one of the few private players in the local market whose credit rating is officially recognized by an international agency.
The main goal of the rating is to secure the company's status as a reliable partner for global brands and investors. A "B" rating with a "Stable" outlook confirms ADM Jizzakh's financial stability and places the company among Uzbekistan's select few private players with international recognition.
The rating is based on strong performance indicators:
- EBITDA margin above 13% and net profit growth.
- High asset liquidity for timely fulfillment of obligations.
- The agency forecasts the plant's robust growth over the next two years.
S&P analysts note the positive impact of Uzbekistan's growing automotive market and the plant's multi-brand production model. Despite a large-scale investment program (approximately 1.8 trillion soums in 2026 and 1.2 trillion soums in 2027), ADM's debt burden will remain manageable.
Acquiring an S&P rating confirms the maturity of its corporate governance and the company's key role in the industrialization of Uzbekistan.