Our annual report 2020 is online!
Extract from the Chairman's message, Jacques Mulbert:
After several years of growth or stability, Cofrac revenue, amounting to €27 million in 2020, fell by 19% compared to 2019, although still yielding a positive net income. This is
the second consecutive year that there has been a drop in our revenue.
This decline is clearly the direct consequence of the health crisis that has hit us all, felt in particular during the lockdown period during which Cofrac was forced to rein in its business
significantly, while placing staff on furlough.
Download Cofrac's annual report 2020.