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

Coface : RN 2022 record, malgré un ralentissement au T4

>Forte hausse attendue du RN - Coface publiera son RN 2022 le jeudi 16 février après Bourse. Nous prévoyons des revenus de 458 M€ au T4 2022, en hausse de 12%, légèrement inférieurs au consensus (466 M€). Nous estimons que la croissance du revenu devrait être tirée par une augmentation du volume des affaires assurées (y compris l'inflation et les effets de change favorables), ainsi que par une très forte rétention des clients. Nous prévoyons un RN de 42 M€ (+27.3%) su...
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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