Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Coface : A quarter for preparing for the crisis

>Slowdown in growth expected - Coface is due to report its Q1 2020 earnings on Thursday 23 April after trading. We forecast a sharp decrease in net income due to a reserves policy that should be cautious in light of the strong rise in claims expected over the next few quarters. The impact of the crisis is unlikely to be significant on the group’s revenues in Q1. Despite everything, we expect a slowdown in the group’s revenues since even before the COVID-19 crisis, we ...
Underlying
Coface SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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