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COFACE SA: Combined Shareholders’ General Meeting of 14 May 2025 approved all the proposed resolutions
Globenewswire· 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 : Coface records a good start to the year with net income of €62.1m, for an RoATE of 12.7%
Globenewswire· 2025-05-05 15:36
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 ...
Why PRA Group Can Be a Smart Addition to Your Portfolio
ZACKS· 2025-04-08 17:01
PRA Group, Inc. (PRAA) is strategically positioned to grow in collecting debts. It expanded its services beyond debt collection, working for the government and giving audit services. Although PRAA has declined 4.9% in the past month, it shed less value than the industry average of an 11.5% fall.PRA Group — with a market cap of $708.8 million — is a global finance and business service company based in Norfolk, VA. It acquires and collects non-performing loans and debt. The company has a growing network in th ...