Coface : Good start to the year with a combined ratio that remains excellent
>Fall in revenues as expected but with a better business mix - Coface yesterday evening reported its Q1 2024 results, which beat expectations. Group revenues were € 464m in Q1 2024, down 2.4% reported and 1.6% like-for-like, in line with expectations, but with lower-than-expected insurance premiums and revenues from other activities (including business information) that were better than anticipated. Credit insurance revenues fell 3.3%, with: 1/ client retention that w...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.