Coface : Good profitability expected to continue in Q2 2019
>Combined ratio expected to be 78.5% in Q2 2019 - Coface will report its Q2 2019 earnings on Thursday 25 July after trading. We expect a operating result of € 55m in Q2 2019, up strongly relative to Q2 2018 and carrying on the trend seen in Q1 2019. Even though economic growth is tending to slow and the number of defaults has increased by around 2% this year, this is in line with the group’s initial estimates and had therefore been factored into Coface’s underwriting ...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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