Coface : A good start to the year
>Strong growth in revenues - Coface reported its Q1 2019 net income, which was higher than forecast. The group's revenues clocked in at € 365m over the quarter, up 6.2% reported and 6.7% at constant forex, higher than expected. We note in particular a sharp increase in credit insurance premiums (+8.0% at constant forex) with in particular strong growth in Latin America, Asia-Pacific, North America and the Mediterranean and Africa region, while growth was very weak in...Coface is a holding company that performs its activities through its primary operating subsidiary, Compagnie franASSaise d'assurance pour le commerce extA(c)rieur and its subsidiaries. Through its subsidiaries, Co. is a provider of credit insurance to businesses with solutions to protect them against the rist of client insolvency on both domestic and export markets.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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