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Coface SA (COFA.PA)

COFA.PA on Paris Stock Exchange

8.10EUR
20 Nov 2018
Change (% chg)

€-0.10 (-1.22%)
Prev Close
€8.20
Open
€8.18
Day's High
€8.27
Day's Low
€8.08
Volume
205,768
Avg. Vol
217,886
52-wk High
€10.76
52-wk Low
€7.20

Latest Key Developments (Source: Significant Developments)

Coface 9-Month Current Operating Income Increases To 165.3 Million Euros
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - COFACE SA ::9M TURNOVER: EUR 1,036M, UP 4.0% AT CONSTANT SCOPE AND FX.OBJECTIVES OF DELIVERING A NET COMBINED RATIO OF AROUND 83% OVER CYCLE AND ACHIEVING A ROATE OF 8% + 1% ARE MAINTAINED.NET INCOME GROUP SHARE OF EUR 98.2M; OF WHICH EUR 35.4M IN Q3-2018.9M CURRENT OPERATING INCOME EUR 165.3 MILLION VERSUS EUR 100.5 MILLION YEAR AGO.LAUNCH OF AN ADDITIONAL SHARE BUYBACK FOR A MAXIMUM AMOUNT OF EUR 15 MLN.NEW PROGRAMME WILL RUN UNTIL FEBRUARY, 2019.  Full Article

Coface: Am Best Assigns A (Excellent) Rating To Coface North America Insurance Company
Friday, 19 Oct 2018 

Oct 19 (Reuters) - COFACE SA ::AM BEST ASSIGNS A (EXCELLENT) RATING TO COFACE NORTH AMERICA INSURANCE COMPANY, WITH STABLE OUTLOOK.  Full Article

Coface Says Fitch Affirms Its AA-Rating, With An Outlook ‘Stable’
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - COFACE SA ::SAYS FITCH AFFIRMS COFACE AA-RATING, WITH AN OUTLOOK ‘STABLE’.SAYS FITCH'S RATING OUTLOOK REMAINS STABLE.  Full Article

Coface Sells Its Stake In Cofacrédit
Wednesday, 27 Jun 2018 

June 27 (Reuters) - COFACE SA ::COFACE SELLS ITS STAKE IN COFACRÉDIT.HAS CEDED TO FACTOFRANCE (GROUPE CRÉDIT MUTUEL - CM11) ITS 36% STAKE IN CAPITAL OF COFACRÉDIT.COFACE EXPECTS THAT TRANSACTION WILL HAVE A SLIGHTLY NEGATIVE IMPACT ON ITS NET INCOME FOR Q2-2018.EXPECTS THAT TRANSACTION WILL HAVE A POSITIVE IMPACT OF APPROXIMATELY 3 POINTS ON ITS SOLVENCY RATIO.  Full Article

Coface Q3 operating income up at 51.7 million euros
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Coface Sa :‍ANTICIPATES REACHING EUR 15M COST SAVINGS IN 2017​.‍AFFIRM ITS COST SAVINGS TARGET OF EUR 30M FOR 2018​.‍CONFIRMS EUR 30M INVESTMENT FOR PERIOD 2017-2019​.‍RESTRUCTURING EXPENSES WILL BE LOWER THAN PREVIOUSLY ANTICIPATED​.‍9 MONTH TURNOVER: EUR 1,021.2M DOWN (0.3)% AT CONSTANT PERIMETER AND EXCHANGE RATES ​.‍Q3 2017 TURNOVER UP +0.2% ON A COMPARABLE BASIS​.‍9 MONTH NET INCOME (GROUP SHARE) AT EUR 55.0M​.Q3 REVENUES EXCLUDING SALE OF SEGM OF EUR ‍​329.4 MILLION VERSUS EUR 334.3 MILLION YEAR AGO.Q3 OPERATING INCOME EXCLUDING SEGM EUR ‍​51.7 MILLION VERSUS LOSS EUR 3.4 MILLION YEAR AGO.Q3 NET INCOME EXCLUDING SEGM EUR 34.8 MILLION VERSUS LOSS OF EUR 16.4 MILLION YEAR AGO‍​.  Full Article