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Coface SA: Coface finalises the acquisition of Cedar Rose Group
Globenewswire· 2025-07-02 15:35
Core Insights - Coface has successfully completed the acquisition of Cedar Rose Group, a prominent provider of information services in the Middle East, enhancing its data capabilities in a region with challenging information access [2][3]. Company Overview - Cedar Rose has over 25 years of experience and is recognized for its high-quality business information solutions in the Middle East and Africa, serving various multinational clients [2]. - The acquisition allows Cedar Rose to become Coface's information provider for both credit insurance and information services, benefiting all Coface customers with improved data [3]. Strategic Alignment - This acquisition aligns with Coface's strategic plan, "Power the Core," which emphasizes data excellence and aims to strengthen information production capabilities in areas where data is scarce [3].
Coface SA: Coface strengthens its strategic focus on data and innovation, and continues to invest in its Information Services growth
Globenewswire· 2025-06-23 15:45
Core Insights - Coface is enhancing its strategic focus on data and innovation by establishing a dedicated technological hub aimed at improving data, connectivity, and product innovation [1][4] - The company has appointed Joerg Diewald as the new Information Services and Partnerships Director to drive business development in these strategic areas, effective July 1, 2025 [2][5] - CEO Xavier Durand emphasized that these governance changes align with the strategic plan "Power The Core," which aims for data and technology excellence and profitable growth in Information Services [3][4] Company Developments - The newly created technological hub will be led by Thibault Surer, who will also continue to oversee Strategy, Economic Research, Marketing, and Mergers & Acquisitions [1][3] - Joerg Diewald brings over 30 years of international experience in banking, commercial finance, and risk management, previously serving as Chief Commercial Officer at Solarisbank AG [5][6] - The governance enhancements are intended to address the complexity and scale of transformations required in data and innovation [4]
COFACE SA: Combined Shareholders' General Meeting of 14 May 2025 approved all the proposed resolutions
GlobeNewswire News Room· 2025-05-14 15:45
COFACE SA: Combined Shareholders’ General Meeting of 14 May 2025 approved all the proposed resolutions Paris, 14 May 2025 – 17.45 The Combined Shareholders’ General Meeting of COFACE SA was held on 14 May 2025 at the Company’s headquarters in Bois-Colombes, and it was chaired by Mr Bernardo Sanchez Incera, Chairman of the Board of Directors. All the proposed resolutions were adopted by COFACE SA’s shareholders, including the payment of a dividend of €1.40 per share for the 2024 financial year with the coupo ...
COFACE SA: Combined Shareholders’ General Meeting of 14 May 2025 approved all the proposed resolutions
Globenewswire· 2025-05-14 15:45
Core Points - The Combined Shareholders' General Meeting of COFACE SA was held on 14 May 2025, where all proposed resolutions were approved [1][2] - A dividend of €1.40 per share for the 2024 financial year was approved, with the coupon date set for 20 May 2025 and the payment date for 22 May 2025 [2] Company Overview - COFACE SA is a global leader in trade credit risk management, providing services to approximately 100,000 clients across around 200 markets [6] - In 2024, COFACE employed approximately 5,236 people and reported a turnover of €1.84 billion [7] Financial Calendar - The financial calendar for COFACE SA includes the H1-2025 results scheduled for 31 July 2025 and the 9M-2025 results on 3 November 2025 [3]
Coface SA: Disclosure of total number of voting rights and number of shares in the capital as at April 30, 2025
Globenewswire· 2025-05-02 15:45
COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at April 30, 2025 Paris, May 2nd, 2025 – 17.45 Total Number of Shares CapitalTheoretical Number of Voting Rights1Number of Real Voting Rights2150,179,792150,179,792149,368,649 (1) including own shares(2) excluding own shares Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the website www.wiztrust.com. ...