Coface SA (XPAR:COFA)

€ 14.23 0.07 (0.49%) Market Cap: 2.13 Bil Enterprise Value: 3.27 Bil PE Ratio: 10.78 PB Ratio: 1.00 GF Score: 82/100

Full Year 2020 Coface SA Earnings Call Transcript

Feb 10, 2021 / 05:00PM GMT

Release Date Price: €8.59 (-2.39%)

Transcript

Operator

Ladies and gentlemen, welcome to the conference call for the presentation of Coface results for the period ending December 31, 2020. (Operator Instructions) As a reminder, this conference call is being recorded. Your host for today's conference call will be Mr. Xavier Durand, CEO; and Carine Pichon, CFO.

I would like to turn the call over to Mr. Xavier Durand. Sir, you may begin.

Xavier Pascal Durand

COFACE SA - CEO

Thank you very much, and good evening, everybody. Thank you for joining this call. This is report for the full year 2020. As you see the headline, we report EUR 82.9 million of net profit with a strong end of the year. So for those of you who've been following the story, over the course of 2020. You know that this has been an extraordinary year by all means. We all went into confinement 2 weeks after the presentation of our Built to Lead strategic plan. And I would say, since then, nothing has happened as planned. But in the end, we end up delivering on a lot of the things we had set for ourselves, I think.

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