Coface : Excellent results again in Q2
>Good growth in revenues - Yesterday evening after market close Coface reported Q2 2021 earnings that beat forecasts. Q2 revenues were € 390m, higher than forecasts (our estimate € 384m, consensus € 371m), up 10.1% on a reported basis and 10.8% at constant currencies, with a strong increase in insurance premiums and also in service revenues (including revenues from the information services business up 13.8%). This strong increase in revenues (vs a low level in Q2 2020...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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