Coface : Solvency ratio well above the target range
>Good commercial momentum in Q4 - Coface yesterday evening reported its Q4 2019 results. Group revenues came in at € 378m, up 8.2% in reported terms and 6.6% at constant forex in the quarter, with +7.0% and +5.9% respectively for FY 2019. The group continues to benefit from significant client retention, growth in new business volumes and reduced pricing pressures (-1.0% in 2019), whereas client activity saw growth slow last year. All geographic areas posted revenue gr...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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