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United Kingdom

Coface SA (COFA.PA)

COFA.PA on Paris Stock Exchange

9.05EUR
17 Jul 2018
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Latest Key Developments (Source: Significant Developments)

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

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

French and Benelux stocks-Factors to watch on June 28

June 28 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.