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Half Year 2021 Coface SA Earnings Call Transcript
Ladies and gentlemen, welcome to the conference call for the presentation of COFACE results for the period ending June 30, 2021. (Operator Instructions)
As a reminder, this conference call is being recorded.
Your host for today's call will be Mr. Xavier Durand, CEO; and Carine Pichon, CFO. I will now turn the call over to Mr. Xavier Durand. Sir, you may begin.
Good evening. Thank you very much, and welcome to everybody. Thank you for logging on to this call. We're happy to present our first-half 2021 results tonight.
As you all have seen from the publication, our second quarter has been very strong. It's probably actually a record quarter in terms of profit so far in the history of the company. And there are 2 underlying trends I want to stress here. One is we continue to live in a low-claims environment in pretty much all areas around the world. And then second, and I think that's important, COFACE continues to demonstrate a very strong execution in all areas of the business, be it on the
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