Euronext welcomes Coface on Euronext's market in Paris

Jean-Marc Pillu, CEO of Coface, opens the European trading day in Paris.

Coface is one of the world’s leaders in credit insurance. The group provides solutions to companies designed to protect them, in the frame of the management of their trade debtors, against financial default risks from of their debtors, both on the local and export markets. Net sales break down by activity as follows:

• loan insurance (74.3%);
• services (16.9%): services related to loan insurance, corporate information (solvability and marketing information), debt management, management of public procedures for the account and with state guarantees, etc.;
• factoring services (4.8%): insured in Germany and Poland;
• surety insurance (4%).

Net sales break down geographically as follows: Western Europe (32.6%), Northern Europe (25.5%), the Mediterranean and Africa (15.1%), Central Europe (7.6%), North America (7.1%), Asia/Pacific (6.6%) and Latin America (5.5%).