Coface, the Paris-listed international credit insurance group, has lifted consolidated sales for the six months to June by 14.9% to Euro472m, (£298.8m) from Euro410.7m (£260m) during the same period last year.

Underlying pre-tax profit improved by 11.9% to Euro66m (£41.8m) from Euro51.7m (£32.7m) while net earnings per share rose nearly 10% to Euro2.3 (146p) from Euro2.09 (132p).

The group said the terrorist attacks in the US had had no direct consequences on its staff or on the risks that it insures.

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