Full Year 2022 Coface SA Earnings Call Transcript
Good day, and thank you for standing by. Welcome to the COFACE SA Full Year 2022 Results Presentation. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your speaker today, Xavier Durand, CEO. Please go ahead.
Thank you. Welcome, everyone. Thank you for logging in. Good evening. This is our full report 2022. We're happy to share with you the results for the full year. As you see from the headlines, it's been a good year. We are reporting EUR 283 million of net profit, which means EUR 54.7 million in the fourth quarter.
As I go through these slides, you'll see that a lot of the trends that I will be describing will be similar to some of the things we've discussed in the prior quarters. This has been a year in a way of very high risk and volatility and the same time, strong performance by the company. If you look at the volume, it's up 13.4%, all things equal. On a reported basis, we're close to 16.
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