Coface, results 2013

The credit insurer Coface has made a profit in 2013 of 174.8 million USD, up by 2.7% compared to that recorded in 2012.

In terms of turnover, it experienced a decline of 3.1% to 1.9 billion USD in 2013. Note that besides its IPO planned for the end of the semester, Coface expects to move into 10 new countries within five years. Its target regions are Africa, Asia, the Middle East and Latin America.