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FY-2022 results: record net income at €283.1m and 80% pay-out ratio Paris, 16 February 2023 - 17.35 Turnover: €1,812m, up +13.4% at constant FX and perimeter and +15.6% on a reported basis Trade
F Y - 2 0 2 1 R E S U LT S P R E S E N TAT I O N TO F I N A N C I A L A N A LY S T S 1 5 F E B R U A R... | February 15, 2022
FY-2021 results: record net income at €223.8m and 100% pay-out ratio Paris, 15 February 2022 - 17.35 Turnover: €1,568m, up +8.3% at constant FX and perimeter Trade credit insurance increased
Investegate announcements from Coface SA, COFACE SA: FY-2021 results: record net income at €223.8m and 100% pay-out ratio
Coface SA: COFACE SA: FY-2020 results: Net income at €82.9m and 100% pay-out ratio FY-2020 results: Net income at €82.9m and 100% pay-out ratio • - Trade Credit Insurance decreasing by -0.8% at constant scope and FX - Client retention reaches new record levels. New business increasing to €138m - Improving pricing conditions confirmed and lower client activity continues Net loss ratio at 47.7%, up by 2.7 ppts. Annual net combined ratio at 79.8% (84.5% excluding the effect of government schemes) Q4-2020 net loss ratio at 18.3% (33.1% excl...