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Coface reports first-half net income of €123.2m, confirming an excellent start to the year. The photo shows Coface employees in the office.

Coface reports first-half net income of €123.2m, confirming an excellent start to the year

08/12/2021

Coface reports first-half net income of €123.2m, confirming an excellent start to the year. Turnover: €768m, up 7.4% at constant FX and perimeter.

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News

Is the electric vehicle metals boom sustainable?

07/28/2021

The metals used in electric vehicles, such as lithium, cobalt and copper, are at the heart of the revolution currently taking place in the automotive industry. But imbalances between supply and demand are pushing up their prices, even though the market share of electric vehicles remains modest. In its latest analysis, Coface does not foresee any major changes in these price trends over the next two years.

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Coface Barometer Q2 2021: A two-speed world

07/15/2021

18 months after the start of the pandemic, access to vaccination is now the main factor setting the pace of people's daily lives and the global economy. GDP growth forecasts for 2021 have been revised upwards (+5.6%), but this is mainly the result of positive surprises from the United States. These improved growth prospects are reflected in world trade: after a 5% decline in volume last year, Coface forecasts an 11% increase for 2021.

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Focus on remote work: The Risks and Opportunities of Virtual Offshoring

06/30/2021

Remote work has emerged as a new norm during the Covid-19 pandemic. This cultural shift could allow companies located in developed countries to hire teleworking talent in emerging countries to reduce their labour costs.

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Coface records a good start to the year with a net income of €56.4M

05/11/2021

Turnover: €378m, up 4.2% at constant FX and perimeter
Trade credit insurance growing by 6.1% at constant FX benefiting from stabilising client activity
Client retention close to record highs; positive price effect (+2.9%)
Business Information continues to grow (+9% at constant FX)
Factoring and debt collection down on lower volumes

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Key figures

100 countries offering our services
 4300 EMPLOYEES
 € 1,481 M of turnover in 2019
 €540 billions of receivables guaranteed
 660 underwriters and credit analysts
 16 economists producing studies
 30 studies released every year
 410 Ÿclaims and recovery managers
 50 000 customers
 €146.7 M of net profit
All the key figures

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Compagnie francaise d´assurance pour le commerce extérieur
Place Costes Et Bellonte 1, Bois Colombes 922 70, France,
Registration R.C.S. Nanterre number 552 069 791
 
in a case relating to the branch of a foreign entity:
Compagnie francaise d´assurance pour le commerce extérieur, branch of an insurance company from another Member State of EU    
Residence: Šoltésovej 14, 811 08 Bratislava
IČO: 36 833 991
Registered in the Commercial Register of District Court Bratislava I, Section Po, Insert no.: 1511 / B
 
Coface Slovakia Credit Management Services, spol. s r.o.
 
Coface Slovakia Insurance Service s.r.o.
 
Šoltésovej 14, 811 08 Bratislava
 
Tel: +421 (2) 67 20 16 16 (reception)
E-mail: office-sk@coface.com
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