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Coface SA (COFA.PA)

COFA.PA on Paris Stock Exchange

9.34EUR
20 Jun 2018
Change (% chg)

€-0.05 (-0.53%)
Prev Close
€9.39
Open
€9.35
Day's High
€9.38
Day's Low
€9.25
Volume
194,579
Avg. Vol
188,474
52-wk High
€10.76
52-wk Low
€7.72

Latest Key Developments (Source: Significant Developments)

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

Coface rated 'AA-' by Fitch Ratings
Friday, 30 Sep 2016 

Coface SA :Fitch Ratings issued press release on Coface in which agency affirms rating at 'AA-', outlook stable.  Full Article

Coface H1 net income group share down at 26 million euros
Wednesday, 27 Jul 2016 

Coface Sa : H1 turnover at 717 million euros, down 5.7 pct versus H1-2015 . H1 net income (group share) down at 26 million euros, of which 3 million in Q2 . H1 net combined ratio at 92.2 pct . Coface reiterates its expectation of a net loss ratio of 63 pct to 66 pct for full-year 2016 . Remains cautious overall for 2016 . H1 operating income 51.8 million euros versus 102.6 million euros year ago . An exceptional dividend of 0.06 euros per share proposed for 2016 .H1 solvency remains strong at 155 pct.  Full Article

Coface foresees a net loss ratio of 63% to 66% for FY 2016
Monday, 4 Jul 2016 

Coface Sa : Non-Audited preliminary financial information shows a net loss ratio of order of 67 pct for Q2 of 2016 .Foresees a net loss ratio of 63 pct to 66 pct for fy2016.  Full Article

Coface appoints Thierry Croiset Group Risk Director
Friday, 1 Jul 2016 

Coface SA :Appoints Thierry Croiset Group Risk Director.  Full Article

BRIEF-Coface Q1 Net Result Up At 35.5‍​ Million Euros

* Q1 NET RESULT (GROUP SHARE) EUR 35.5‍​ MILLION VERSUS EUR 7.3 MILLION YEAR AGO