Coface : Credit update and outlook. Credit opinion raised to stable.
Last year this time, we lowered our credit opinion to Negative vs Stable to reflect the significant potential impacts of the crisis and the uncertainty about its duration, underscoring that although the situation is well managed to date, no one could predict the scale and duration of the crisis. All told, the state guarantee schemes put in place and the group's agility in cutting risks have clearly limited the impacts, whilst the non-payment of a dividend helped maintain high cap...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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