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].

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]

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 records a good start to the year with net income of €62.1m, for an RoATE of 12.7% Paris, 5 May 2025 – 17.35 Turnover: €473m, up 2.0% at constant FX and perimeter Trade credit insurance revenue up 1.2%; client activity also increased by 1.2%Client retention back up at near-record (95.0%); pricing remained negative (-1.3%) in line with historical trendsBusiness information growing again double-digit (+14.7% at constant FX, +18.4% at current FX). Debt collection up +14.8%; factoring was down slightly by ...