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Coface shares rise on positive first-quarter results

** Shares of French credit insurer Coface COFA.PA rise 3% on the back of positive Q1 results

** "Q1 was a good quarter for Coface, we believe thanks to a better combined ratio margin and strong growth in services," analysts from Berenberg say in a note

** The brokerage highlights 15% like-for-like revenue growth in the business information segment and 40% like-for-like revenue growth in the debt collection business

** Coface reported Q1 net income (group share) of 53.6 million euros ($62.8 million), with net loss ratio of 37.6% and net combined ratio of 70.0%

($1 = 0.8538 euros)

(Reporting by Nathan Vifflin in Gdansk)

((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))

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