Coface : Good net income anticipated in Q3, with persistently low claims
>A slight decline in net income anticipated - Coface is due to publish its net earnings on Q3 2022 on 27 October after market close. We forecast a 17% increase in revenue to € 457m (and a very slight sequential decrease of 2% vs Q2 2022), in line with the consensus. We think that the increase in revenue should notably benefit from an increase in business volumes at client companies (including favourable inflation and forex effects), and from very strong client retenti...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.