Orkuveita Reykjavíkur
Reitun changes outlook to positive on Orkuveita Reykjavikur’s rating

Orkuveita Reykjavíkur 

19.01.2015 14:37

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Reykjavik, 2015-01-19 14:37 CET (GLOBE NEWSWIRE) -- Icelandic rating company
Reitun has improved the outlook in Reykjavik Energy's (Orkuveita
Reykjavikur-RE) i.A3 credit rating from with stable outlook to positive
outlook. The main reasons for higher rating, according to Reitun's attached
release (only available in Icelandic), are; continued strengthening of
finances, success in the implementation of The Plan,  series of actions
initiated in 2011 and extend through year 2016. 


         Contact:
         Ingvar Stefansson
         CFO
         +354 516 6000
News Source: NASDAQ OMX



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Language:     English
Company:      Orkuveita Reykjavíkur
              
               
              Iceland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         IS0000010775
WKN:          
 
End of Announcement                             DGAP News-Service
 
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