The COVID-19 pandemic has triggered a mobility crisis, mainly because of physical distancing requirements and the necessity to avoid confined spaces, in order to limit the virus’ propagation. This has had a disastrous impact on the global transport sector, with air passenger transport being the most affected segment.
This year at our Country Risk Conference: 3 round tables to embrace the new business risks in a post-covid world.
Happy Holidays from everyone at Coface
Coface has signed the LGBT+ Commitment Charter of L’autre cercle, an association that promotes greater LGBT+ inclusion in the workplace.
Coface releases its 9M-2020 Financial Results : A strong balance sheet and positive operational KPIs allow to launch share buyback program
Turnover for the first semester: €725m, down 0.6% at constant FX and perimeter: Client retention and new business achieve record levels, with a positive net production of €33m. First effects of re-pricing are now visible (+0.2%). Revenues from services progress by 7%, including information services up by 13%. Client activities continue to slowdown – a trend expected to continue over the following quarters.
Economic Impacts & Business Prospects for the America and Asia