New York – Coface announced its 2008 results with highlights that include:
In this context, Coface is preparing new tools to support companies throughout the crisis.
Annual turnover was €1,682m, reflecting 7.1% growth at current structure and 6.5% at constant structure and exchange rates. The two main growth drivers were the same as in 2007: development of the factoring line (+16.8%), and credit insurance and services outside Europe (+18.6%).
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