Coface reports pdf 2022. com Benoît CHASTEL: +33 1 49 02 22 28 – benoit.

Coface reports pdf 2022 2. The new government is led by Giorgia Meloni, whose Fratelli d’Italia (FdI) secured 26% of the vote. reportsౚ section. 35 Coface has been applying the IFRS 17 accounting standard since 1st January 2023. Feb 16, 2023 · COFACE REPORTS €283. The government had to opt for the domestic market, characterised by high interest rates, and monetary financing of the public deficit, which This report includes free English language translations of the audited consolidated financial statements of COFACE SA as of and for the year ended 31 December 2022 and for the six months ended 30 June 2022 and 2023. In no way does Coface assume any responsibility for any investment or other decisions made based upon the information provided on this translation. COFACE PUBLICATIONS APRIL 2022. Negative client activity in H2-23 with lower inflation and economic slowdown The information contained in this document is a free translation of the Coface Group’s Interim Financial Report for the first semester 2022 (“Rapport Financier, premier semestre 2022”) and while efforts are made to provide an accurate translation, there may be material errors, omissions or inaccuracies in the reporting. 2022 – Loss triangles 3 CONTACTS ANALYSTS / INVESTORS Thomas JACQUET: +33 1 49 02 12 58 – thomas. com FINANCIAL CALENDAR 2021/2022 (subject to change) Q1-2022 results: 28 April 2022 (after market close) Annual General Shareholders’ Meeting 2021: 17 May 2022 H1-2022 results: 28 July 2022 (after market close) 9M-2022 results: 27 October 2022 (after market close FINANCIAL INFORMATION As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. Government spending, up 8. Fitch has also. 6% driven by high client activity in still inflationary environment A pivotal period for President Tinubu's ambitious reforms. 1% year-on-year, was the main driver of growth, while tighter financial conditions significantly impacted domestic demand and the deteriorating As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. 4M NET PROFIT IN H1-2022; SOLVENCY AT 192% Turnover reached €895m y-t-d, up 14. 2% driven by past client activity › Client retention at record highs (94. Robust but uncertain economic outlook due to heavy dependence on hydrocarbons. 4% at constant FX and COFACE REPORTS €207. On 8 September 2023, the northern slopes of the Haut-Atlas Mountain range were hit by an earthquake that measured 6. 8 on the Richter scale, around 75 km south-west of Marrakech, the for 2022 in 162 countries P. 8 kB) 2022 09 21 - COFACE SA announces the success of its debt management exercise 2022 04 06 - Coface announces the publication of its 2021 Universal Registration Document. CONTENTS 1 2 4 3 5 6 7 8 9 |AFR| The elements of the Annual Financial Report are clearly identifi ed in this content using pictograms Overview of Coface 2 לש ילכלכ ןועריפ רשוכ ןיינעב הנוממה תוארוהל םאתהב ךרענו בשוח 2022 ,רבמצדב 31 םויל ילכלכה ןועריפה רשוכ סחי חוד. The main features and description of ANNUAL REPORT 2021 MEMBERS OF THE MANAGEMENT BOARD Sergej Simoniti Chairman Olga Sharkova Member Ljubljana, 25 February 2022 UNIVERSAL REGISTRATION DOCUMENT 2022 NON‑FINANCIAL PERFORMANCE REPORT 240 Coface’s purpose is to facilitate trade in domestic and export markets. 4 kB) 2022 10 11 - PR Moody’s raises the outlook for Coface. The elements of the Annual Financial Report are clearly identified in this content using pictograms. Supporting the development of “B2B” trade brings with it a responsibility that the Group places at the centre of its governance, operations and Economic growth will remain robust in 2024, thanks mainly to the extractive sector (11% of GDP in 2022), with coal, bauxite and liquefied natural gas (LNG), in particular. 6m in 9M-24, down -2. D. henry@coface. 2% of GDP in 2022-2023). AMF is the competent authority in respect of Regulation Following lacklustre economic growth in 2022 due to poor cereal harvests, activity accelerated in 2023 thanks to a rebound in tourism, despite the earthquake. of the French Commercial Code; Article addition, COFACE SA and Natixis had a joint corporate officer in the person of Nicolas Namias. 1 OVERVIEW OF COFACE’S CSR STRATEGY The CSR strategy is an integral part of the Build to Lead strategic plan. The outlook remains stable. 1M NET PROFIT IN 2022 OF WHICH €54. He joins the Group executive committee and reports to Xavier Durand, Coface CEO. 6% of GDP in 2022-2023 after 7. 5% of GDP in 2022-2023 before the conflicts) and Suez Canal traffic (2. Revenues from hydrocarbons stabilised, with a drop in oil exports due to the erosion of barrel prices and limited production capacity, balanced by a rebound in gas exports to Europe, although the government's target of doubling gas exports to 100 billion m3 by 2027 would period ending 31 December 2022. 4% at constant FX and perimeter and up 15. Apr 28, 2023 · COFACE SA has published today its Solvency and Financial Condition Report (SFCR) for COFACE SA (Group) and Compagnie française d’assurance pour le commerce extérieur (the « Compagnie »), in Apr 5, 2024 · Switch to traditional PDF Transition seamlessly between a robust digital format and a fixed, print-accurate PDF. 8M NET INCOME OF WHICH €32. 06 COFACE GLOBAL ASSESSMENTS Tools for identifying, assessing and monitoring the risks businesses are facing P. The statements made regarding to the war in Ukraine in section 3. 6% driven by high client activity in still inflationary environment As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. 2 COFACE PUBLICATIONS CEE Insolvencies 2021 / April 2022 Regional insolvency trends Insolvency trends in the Central and Eastern European. Over and above the risks that have already been mentioned many times, some of which continue to intensify (financial stability, social and political risks), we should bear in mind that the fight against inflation has not yet been won: excluding energy, inflation remains well above As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. A full list of rating actions is below. He takes over from Bhupesh Gupta who Saphia GAOUAOUI : +33 1 49 02 14 91 – saphia. After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections - presidential and/or legislative - and in economic terms, with risks mounting on a still slowing global economy. Coface has also been Regarding gross fixed investment (25% of GDP), while the country will likely continue bearing the fruit of tailwinds related to the nearshoring trend and to the US 2022 Inflation Reduction Act thanks to its USMCA membership, the pace of private investment growth may lose steam, as investors could delay some projects until after the elections in Coface reports a new record result of €84. Corentin HENRY: +33 1 49 02 23 94 - corentin. This report is produced on an annual basis: for Coface Group, involving COFACE SA and its main subsidiaries in France and outside France; for the Compagnie, on a standalone basis. Overview of Coface 2 PRESENTATION OF THE COFACE GROUP 21 As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. As shown in chart 1, in 2023 nine countries experienced a 5 No time for recovery 2022 was a difficult year for CEE economies. We had to cope with unforeseen events, starting with the war in Ukraine and its efects on commodities and energy prices. com FINANCIAL CALENDAR 2021/2022 (subject to change) Annual General Shareholders’ Meeting 2021: 17 May 2022 H1-2022 results: 28 July 2022 (after market close) 9M-2022 results: 27 October 2022 (after market close financial year 2020. He takes over from Bhupesh Gupta who reports” section. 14 SECTORS Coface sector risk assessments P. z. This is our full report for 2022. AMF is the competent authority in respect of Regulation As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. HIGHLIGHTS Growth will stabilise in 2024. 7% on a reported basis . In order to allow the analysis of its future reporting Coface is reporting today 2022 pro forma accounts1. 7 MB) 9M-2022 results Page 1 / 8 Coface reports a new record result of €84. 7% driven by activity recovery and past repricing As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. Good evening. 9M IN Q3-2023 Turnover reached €1,418m y-t-d, up +7. com Benoît CHASTEL: +33 1 49 02 22 28 – benoit. Full reports are available in all 195 countries, with an instant delivery or within an optimized respond time from 1 to 9 days depending on countries selected. 2M, UP +17. 6% on a reported basis Trade Credit Insurance premiums growing by 14. 3 Launch of ALYX, a new all‑in‑one credit management platform On June 6, 2023, Coface announced the launch of a new digital trade credit risk management platform for its policyholders. Explore comprehensive financial reports, solvency assessments, CSR disclosures, and annual reports. 6% at constant FX and perimeter and up 16. 2022 after 6. At the end of 2023, ENI's Coral Sul offshore gas platform, located 80km off the coast, reached full capacity; the multinational is also planning to build a second platform This report includes free English language translations of the audited consolidated financial statements of COFACE SA as of and for the year ended 31 December 2022 and for the six months ended 30 June 2022 and 2023. 0m, up +13. 4 FY-2022 RESULTS | PRESENTATION TO FINANCIAL ANALYSTS | 16 FEBRUARY 2023 COFACE REPORTS €283. The annual consolidated financial statements were prepared in accordance with International Financial Report prepared in accordance with the European Single Electronic Format (ESEF) and filed with the AMF, available on the websites of the Company and the AMF. Guarantees for the financing of the Group’s factoring activity: Nature, purpose and reasons for the guarantee: Coface Finanz GmbH and Coface Poland Factoring Sp. Economic growth slightly increased in 2023. pdf (237. 0m in q3-22 Turnover reached €1,363m y-t-d, up 15. The Middle East and North Africa region is the only emerging or developing region that posted higher economic growth in 2022 than in 2021, with 5% after 4. Q1-2024 results 2024 05 06 COFACE SA Q1-2024 Results - Transcript Paris, 6 May 2024 The information contained in the transcript is a textual representation of the conference call and while efforts are IMPORTANT INFORMATION– In the conference call meeting upon which this transcript is based, Coface made As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. 7%) Sep 18, 2023 · It is reminded that the Shareholders’ Combined General Meeting of COFACE SA (the Company) held on of 17 May 2022, had previously authorized the Board of Directors, in its eighth (8 th) resolution, to carry out transactions on COFACE SA’s shares under the framework of the 2022-2023 Share Buyback Program. The return of high inflation also weighed on the economy. 1791 € 396,986 € LTIP 1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L. As you will see Total 19/09/2022 - 23/09/2022 39,000 10. Growth has decelerated from 2. 4%); pricing down (-2. With growth of 3. com FINANCIAL CALENDAR 2021/2022 (subject to change) Q1-2022 results: 28 April 2022 (after market close) Annual General Shareholders’ Meetin 2021: 17 May 2022 H1-2022 results: 28 July 2022 (after market close) Fitch Ratings - Paris - 23 Nov 2022: Fitch Ratings has afrmed Coface SA's operating. 10 COFACE COUNTRY RISK 4 H1-2022 RESULTS | PRESENTATION TO FINANCIAL ANALYSTS | 28 JULY 2022 COFACE REPORTS €144. single report on the solvency and financial conditions of COFACE SA (Trade and Companies Register no. 8M NET PROFIT IN H1-2023; SOLVENCY AT 192% Turnover reached €960m y-t-d, up +11. afrmed Coface SA's Long-Term Issuer Default Rating (IDR) at 'A+'. 225-209 and seq. 4% compared to 2021 at constant FX and perimeter. Since March 2021, a Group CSR Manager has been responsible for enhancing Coface’s CSR strategy and rolling coface reports €228. com FINANCIAL CALENDAR 2021/2022 (subject to change) Q1-2022 results: 28 April 2022 (after market close) Annual General Shareholders’ Meeting 2021: 17 May 2022 H1-2022 results: 28 July 2022 (after market close) Oct 21, 2024 · Read all our Publications : Annual Reports, Position Papers, Reports, Policy briefs, Practices, As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. That marked another year of double-digit growth of proceedings as dynamics reached 39. 6% in 2022, to just 1% in the first three quarters of 2023. 1% driven by high client activity in inflationary environment The loss of investor confidence and capital outflows caused the local currency to stall (the cedi lost 50% of its value in 2022) and the country lost access to international markets in November 2021. As payment terms shortened, more respondents reported payment delays in 2023. This would restrict manufacturing activity, which contracted continuously from October 2022 to August 2023. 4% in 20/21). This report is produced on an annual basis: - for Coface Group, involving COFACE SA and its main subsidiaries in France and outside France; - for the Compagnie, on a standalone basis. 1% with revenue from other activities up 6. COFACE REPORTS €207. 4%. 7M NET PROFIT IN 9M-2023 OF WHICH €60. Dec 31, 2024 · 2022 11 23: PR Fitch confirms Coface AA- rating. On September 8, 2022, Matthieu Garnier, Group Information Services Director, joined the Group Executive Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia. 5 Post-closing events at December 31, 2021 are not part of the Annual Financial Report adopted on February 15, 2022. The Outlooks are Stable. Please note that COFACE SA comprises the Coface Group (“COFACE SA” or “the Group”), accounted for As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. o. Western sanctions against Russia have benefited the Chinese car industry: Russia was the leading importer of Chinese vehicles in 2023, importing 900,000 units. CEO of Coface P. 0% As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. JUNE 2023 Asia Payment Survey 2023 I n 2022, Asian businesses took a more stringent approach to credit terms amid a year of aggressive rate hikes, tighter financial conditions and higher 4 FY-2021 RESULTS | PRESENTATION TO FINANCIAL ANALYSTS | 15 FEBRUARY 2022 COFACE REPORTS €223. pdf (297. 0%) reports” section. 4% of goods exports in 2022), which has been struggling to recover since its zero-Covid policy ended in late 2022. 7% on a reported basis 2022 11 23: PR Fitch confirms Coface AA- rating. Title: EEFF - Opinion y Notas Coface 2023 - 2022 VF. On a reported basis (at current FX and perimeter), turnover was up +15. Your hosts for today’s call will be Xavier Durand, EO, and Phalla Gervais, CFO. On September 8, 2022, Matthieu Garnier, Group Information Services Director, joined the Group Executive Committee in 2022 to 50,199 in 2023, which equates to an increase of 38. For more than 75 years, we’ve been supporting the growth of companies, helping them navigate in an uncertain and volatile environment. 7M IN Q4-22 Turnover reached €1,812m y-t-d, up 13. com Corentin HENRY : +33 1 49 02 23 94 - corentin. 3. 2% in 2021, emerging In the event of a resolution, services will benefit from the rebound in tourism (3. 2% at constant FX and perimeter and up 17. 4% driven by high client activity in still inflationary environment Coface AA- Insurer Financial Strength (IFS) rating. 0% at constant FX with continued subdued client activity contribution › Q3-24 revenue stabilising at -0. year 2022. 0m in Q3-2022. Bahraini economic growth in 2024 is expected to retain the firmness of 2023, mainly on back of higher energy prices, easing monetary policy as a consequence of the peg to the dollar (the US Fed is expected to start a rate-cutting cycle in the second half of the year), and stronger export growth (net exports are estimated at around 10% of GDP in 2023). For the year ended December 31, 2022 To the Annual General Shareholders’ Meeting of COFACE SA. The good news at the start of 2023 quickly gave way to hints that the end of the year would be far less promising. 2% in 2022. These documents all together present a 4 FY-2021 RESULTS | PRESENTATION TO FINANCIAL ANALYSTS | 15 FEBRUARY 2022 COFACE REPORTS €223. 7% driven by activity recovery and past repricing 02 coface economic publications focus the german metals industry: negative outlook, but surprisingly positive payment behaviour economic development 21 COFACE SA –ASSEMBLEE GENERALE MIXTE –17 MAI 2022 COFACE PUBLIE UN RÉSULTAT NET DE 223,8 M€ DONT 32,9 M€ AU T4-21 Chiffre d’affaires : 1 568 M€, en hausse de +8,3% à périmètre et taux de change constants › L’assurance-crédit progresse de 9,7% sous l’effet de la reprise de l’activité et des ajustements tarifaires passés Accounting Standard ("IAS") 34. HIGHLIGHTS To assess its solvency, COFACE SA uses the partial internal model approved by the ACPR in 2019. Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia. jacquet@coface. Our mission has been to address the social challenges faced by families and to develop COFACE REPORTS €189. Sums of aggregates and totals in this report may not match exactly due to rounding. In 2022, Hong Kong's economy contracted, held back by the fifth local wave of Covid and the associated very tight restrictive measures applied under the "zero-Covid" policy. 7% in 2022, after 7. 7M NET PROFIT IN 9M-2024 OF WHICH €65. Allocation of profits – Payment of dividends (3 resolution) The purpose of the third resolution is to allocate COFACE SA’s corporate profits and to pay dividends. 8% at constant FX and perimeter › Trade Credit Insurance premiums growing by 14. The Board of Directors of COFACE SA and the Compagnie, respectively approved the SFCR for the financial year 2022. Merchandise goods exports were down 12% y/y in the first nine months of 2023, as shipments of ICT, home appliances, computers and petrochemical Combined with the unique Coface Insurance payment experience, it is the perfect product for your credit and risk management. He takes over from Bhupesh Gupta. 5M NET PROFIT IN 2023 OF WHICH €50. FY-2023 results 2024 02 27 COFACE SA FY-2023 Results Paris, 28 February 2024 The information contained in the transcript is a textual representation of the conference call and while efforts are IMPORTANT INFORMATION– In the conference call meeting upon which this transcript is based, Coface made certain forward-looking coface reports €228. As a trusted partner, our +4,900 experts give our clients the confidence they need to navigate in an uncertain and volatile environment. pdf (336. 02 FOREWORD By Xavier Durand, CEO of Coface COFA COUNTRY & SECTOR RISKS HANDBOOK 2022 1 P. com As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. The Universal Registration Document was filed with the AMF on 6 April 2022. Named Alyx, it allows Coface’s customers to statements of COFACE SA are detailed in the COFACE SA 2022 Universal Registration Document. pdf Author: wilder_carreno Created Date: 4/2/2024 11:02:10 AM FY-2022 results Page 3 / 8 1. Annualised return on tangible equity at 16. 9M IN Q4-2021 Turnover reached €1,568m y-t-d, up by +8. Revenues from insurance activities (including bonding and Single Risk) increased by +14. com 4 Q1-2022 RESULTS | PRESENTATION TO FINANCIAL ANALYSTS | 28 APRIL 2022 COFACE REPORTS STRONG Q1-2022 WITH €66. יסנבלוס רזוחב וללכנש יפכ )"תוארוהה" - ןלהל( Solvency II ססובמ חוטיב תרבח As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. No sooner had the COVID-19 pandemic passed, than Russia’s invasion of Ukraine hit the world economy, and the period ending 30 September 2022. Can you tell us about Coface’s performance in 2022? The dominant aspect in 2022 was the singular economic environment. 7%) reports” section. COFACE SA publishes its consolidated financial statements in euros. Turnover of first nine months: €1,363m, up 15. As a reminder, this conference call is being recorded. Growth should remain robust in 2025, mainly thanks to the oil sector, whose real weight in the economy far exceeds its direct contribution to GDP (5. The syndicated club deal was authorized by the Board of Directors on July 28, 2021. When available, the URD is presented here in its various forms: PDF, XHTML or online version. ANNUAL REPORT 2020 MEMBERS OF THE MANAGEMENT BOARD Sergej Simoniti Chairman Mindaugas Sventickas Member Ljubljana, 22 February 2021 COFACE REPORTS Q1-2023 NET INCOME AT €61. The original language version of the document in French prevails over the translation. Thank you for logging in. 4% Paris, 27 October 2022 – 17. En données publiées (à périmètre et changes courants), le chiffre d’affaires progresse de +15,6%. 6% driven by high client activity in still inflationary environment Aug 5, 2024 · As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. 0% Readers should read the Interim financial report for the for the first half 2022 and complete this information with the Universal Registration Document for the year 2022, which was registered by the Autorité des marchés financiers (“AMF”) on 6 April 2023 under the number No. On May 2, 2022, Hugh Burke has been appointed as the CEO of Coface Asia-Pacific Region, effective on April 1, 2022. 8M IN Q4-2023 Turnover reached €1,868m y-t-d, up +6. 7% driven by high client activity › Client retention at record highs (94. In this report we highlight our activities, efforts and achievements towards creating a better and more inclusive society for families across Europe. pdf (642. pdf (232 kB) Universal Registration Document 2021. chastel@coface. 02 coface economic publications focus the german metals industry: negative outlook, but surprisingly positive payment behaviour economic development Russia's partial isolation since 2022 created a significant export channel for Chinese carmakers (combustion cars), while Western, Japanese, and Korean manufacturers have withdrawn. He joins the Group Executive Committee and reports to Xavier Durand, Coface CEO. 9 kB) 2022 10 27 - PR Coface reports a new record result of €84. This report presents certain figures on an actual historical value basis, on a "constant scope" basis or on a "constant exchange rate" basis. 2M NET INCOME Turnover reached €431m y-t-d, up 12. The elimination of the parallel market premium will restore expatriate remittances through formal channels (5. 7 MB) COFACE REPORTS €240. 7% in 2021. The 2022 Universal Registration Document includes the following information: • The 2022 Annual financial report; • The Report on corporate governance (attached to the management report); • The Statutory Auditors’ reports and the news release concerning their fees; • The description of the share buyback program; Welcome to the 2022 annual report of COFACE Families Europe. 23-0244. 35 Turnover of first nine months: €1,363m, up 15. 3% at constant FX and perimeter › Trade Credit Insurance growing +9. Supporting the development of “B2B” trade brings with it a responsibility that the Group places at the centre of its governance, operations and 2022 UNIVERSAL REGISTRATION DOCUMENT NON‑FINANCIAL PERFORMANCE REPORT Overview of Coface’s CSR strategy 243 6. 8%); pricing down (-2. Xavier DURAND, CEO, COFACE Thank you. Q1-2022 Results Conference Call Transcription Paris, 28 April 2022 publish an update of these forecasts, or provide new information on future events or any other circumstance IMPORTANT INFORMATION– In the conference call meeting upon which this transcript is based, Coface made certain forward-looking statements. 1% at constant FX and perimeter › Trade Credit Insurance premiums growing by +6. Welcome everyone. UNIVERSAL REGISTRATION DOCUMENT INCLUDING THE ANNUAL FINANCIAL REPORT 2022 OVERVIEW OF COFACE 1 The country is also likely to face weak demand from its main trade partner, China (12. All comparisons are made with IFRS 17 pro forma 2022 numbers disclosed on 27th April 2023 Turnover reached €475m y-t-d, up +11. JUNE 2024 ASIA PAYMENT SURVEY As a global leading player in trade credit risk management, Coface leverages its unique expertise and cutting-edge technology for 100,000 clients across some 200 markets. We’re happy today to report our results for the first nine months of 2022. 4m net profit in 9m-2022 of which €84. 0% at constant FX and perimeter › Trade Credit Insurance premiums growing by +5. 0% Coface applies IFRS 17 and IFRS 9 accounting standards since 1st January 2023. Please note that COFACE SA comprises the Coface Group (“COFACE SA” or “the Group”), accounted for On May 2, 2022, Hugh Burke has been appointed as the CEO of Coface Asia-Pacific Region, effective on April 1, 2022. Intense competition Feb 16, 2023 · En 2022, Coface a enregistré un chiffre d’affaires consolidé de 1 812,0 M€, en hausse de +13,4% à taux de change et périmètres constants par rapport à 2021. gaouaoui@coface. pdf (4. 432413599) of Compagnie française d’assurance pour le commerce extérieur (Trade and Companies Register no. Corporate Social Responsibility (CSR) report. 6% on a reported basis Coface SA 2022 Universal Registration Document The report highlights Coface's strong financial performance in 2022, despite the challenging economic environment marked by the war in Ukraine, high inflation, and tightening monetary policies. com Corentin HENRY: +33 1 49 02 23 94 - corentin. com Corentin HENRY: +33 1 49 02 23 94 – corentin. Negative client activity in Q3-23 with lower inflation and sharp economic slowdown weighting on premium growth Source : Coface Payment Survey 0-30 days 31-60 days 61-90 days 91-120 days >120 days 2022 average (RHS) 2023 average (RHS) 64 67 52 62 52 65 68 68. Turnover In 2022, Coface recorded a consolidated turnover of €1,812. 4M IN Q3-2024 Turnover reached €1,376. Report prepared in accordance with the European Single Electronic Format (ESEF) and filed with the AMF, available on the websites of the Company and the AMF. As our lowest category is 0 to 30 days, the minimum average payment term is 15 days in our COFACE REPORTS €128. Following the collapse of the technocratic Draghi administration in July 2022, a right-wing coalition secured a comfortable victory (43% of the vote) in the September 2022 snap elections. UNIVERSAL REGISTRATION DOCUMENT INCLUDING THE ANNUAL FINANCIAL REPORT 2022 OVERVIEW OF COFACE 1 5 ICT = Information and Communication Technologies 6 We ask our participants to give answers in time-ranges. 42 COUNTRIES Economic assessment and 2021 outlook for 162 countries COFA COUNTRY & SECTOR RISKS HANDBOOK 2021 1 P. 1% at constant FX and perimeter › Trade Credit Insurance premiums growing by +11. We act for them. Single solvency and financial conditions reports. An enhanced reading experience with Digital Reports Insolvency trends in the Central and Eastern European (CEE) region have been subject to various economic conditions, support measures and legal changes over the last two years. The annual consolidated financial statements were prepared in accordance with International Financial 2022 – Loss triangles 3 CONTACTS ANALYSTS / INVESTORS Thomas JACQUET: +33 1 49 02 12 58 – thomas. Coface’s 2024 China Corporate Payment Survey showed that average payment terms decreased from 81 days in 2022 to 70 days in 2023. 08 COUNTRY RISK ASSESSMENT MAP A geographic overview Sep 12, 2024 · Source: Coface Corporate Payment Survey Germany 2024 Source: Coface Corporate Payment Survey Germany 2024 Source: Coface Corporate Payment Survey Germany 2024 Source: Coface Corporate Payment Survey Germany 2022 Chart 4: Share of German companies reporting new payment delays by sector and year9 Chart 5: Payment delays in 2024 by sector Chart 6: 4 Q1-2022 RESULTS | PRESENTATION TO FINANCIAL ANALYSTS | 28 APRIL 2022 COFACE REPORTS STRONG Q1-2022 WITH €66. However, compared to our previous report, this time more countries recorded an increase in insolvency cases. However, there were wide disparities between regions and countries. com MEDIA RELATIONS Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia. Negative client activity in Q3-23 with lower inflation and sharp economic slowdown weighting on premium growth The 2022 Universal Registration Document includes the following information: • The 2022 Annual financial report; • The Report on corporate governance (attached to the management report); • The Statutory Auditors’ reports and the news release concerning their fees; • The description of the share buyback program; UNIVERSAL REGISTRATION DOCUMENT 2022 NON‑FINANCIAL PERFORMANCE REPORT 240 Coface’s purpose is to facilitate trade in domestic and export markets. 4% of GDP in 2023), since neither the theft of hydrocarbons, nor their clandestine extraction, nor the knock-on effects on the economy as a whole (foreign currency inflows, budget revenues As a global leading player in trade credit risk management, Coface helps 100,000 companies grow across some 200 international markets. entities' (together Coface) Insurer Financial Strength (IFS) Ratings at 'AA-'. 5% on a reported basis › Trade Credit Insurance premiums growing by 16. 6%. 08 COUNTRY RISK ASSESSMENT MAP A geographic overview of the country assessments P. FY-2023 results 2024 02 27 COFACE SA FY-2023 Results Paris, 28 February 2024 The information contained in the transcript is a textual representation of the conference call and while efforts are IMPORTANT INFORMATION– In the conference call meeting upon which this transcript is based, Coface made certain forward-looking COFACE SA: publishes 2022 pro forma accounts following IFRS 17 application Paris, 27 April 2023 – 17. Trade Credit Insurance premiums growing by 16. 2 kB) 2022 04 11 - Notice of Meeting serving as Convocation (French version only) pdf (585. Of the 1,020 respondents, 62% reported overdue, up from 40% in 2022. 7% on a reported basis › Trade Credit Insurance premiums growing by 16. On May 2, 2022, Hugh Burke was appointed as the CEO of Coface Asia‑Pacific, effective on April 1, 2022. 1% at constant FX and perimeter › Insurance revenue decreasing by -4. 8 kB) 2022 04 11 - COFACE SA : Combined Shareholders’ Meeting on May 17th 2022. Xavier DURAND, CEO, COFACE Thank you, and welcome everyone to this earnings call. Opinion In compliance with the engagement entrusted to us by your annual general meeting, we have audited the accompanying statutory financial statements of COFACE SA for the year ended December 31, 2022. The information contained in this document is a free translation of the Coface Group’s Interim Financial Report for the first semester 2022 (“Rapport Financier, premier semestre 2022”) and while efforts are made to provide an accurate translation, there may be material errors, omissions or inaccuracies in the reporting. Coface online platform for managing your trade receivables. 4% at constant FX and perimeter In no way does Coface assume any responsibility for any investment or other decisions made based upon the information provided on this translation. 552069791). But Korean economic activity is expected to pick up in 2024, driven by a recovery in global electronics. At December 31, 2022, the corporate financial statements of JUNE 2023 Asia Payment Survey 2023 I n 2022, Asian businesses took a more stringent approach to credit terms amid a year of aggressive rate hikes, tighter financial conditions and higher COFACE REPORTS €189. gjgkq wvhpyba ebnyo unx bbvb ldyog fbdc rugduc cbpf nvsljkoz