Coface reports improved turnover and jump in profit

arrows

Of the total turnover, £766m was generated by the insurance segment of the business, a 7.2% increase on insurance turnover for the first half of 2011, at £715m.

Operating profit also increased, by 25.8%, from £77m in H1 2011 to £97m for the first six months of this year.

The credit insurance specialist said that it continues to meet its commitments to profitable and autonomous growth, as demonstrated by the solid performance in the first half of the year, despite the difficult economic climate.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: