Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Coface : Good underlying technical profitability in Q4

>Stable revenues in Q4 on a reported basis and up l-f-l - Coface published its 2023 results yesterday evening and will hold a conference call this morning. Group revenues in Q4 amounted to € 450m (a shade above expectations), virtually stable on a reported basis (-0.3%), but up 2.7% at constant currencies. The group’s business was penalised by the fall of inflation and a high base of comparison. We note a continuation of the trends already observed, with in the full y...
Underlying
Coface SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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