Fitch revises Deluxe’s outlook to positive on deleveraging progress By Investing.com
Update: 2025-10-31
Description
Fitch Ratings upgrades Deluxe Corporation's credit outlook to positive, citing expectations of lower debt, stronger profits, and increased free cash flow. The company is transforming from its print business to payment solutions, with the latter expected to generate over half of its revenue by 2027. Despite declining print revenue, Deluxe is optimizing margins through cost-cutting measures and restructuring. Fitch anticipates steady free cash flow and margin expansion, enabling growth in the payment and data business. However, an upgrade to Deluxe's credit rating depends on its ability to grow revenue and profit while managing debt.
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