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Grupo Catalana Occidente ( (ES:GCO) ) has provided an update.
Grupo Catalana Occidente reported a consolidated result of 194.6 million euros for the first quarter of 2025, marking a 9.1% increase from the previous year, with a 5% rise in business volume to 1,955.7 million euros. The company demonstrated stable growth across its divisions, with notable performance in the insurance and funeral sectors, and highlighted a balanced and diverse business approach. Additionally, Inoc S.A., the controlling shareholder, has submitted a request for a voluntary public offer to acquire 100% of GCO’s shares, indicating potential strategic shifts.
More about Grupo Catalana Occidente
Grupo Catalana Occidente (GCO) is a prominent player in the insurance sector in Spain and a global leader in credit insurance, as well as the leading funeral business operator in the Iberian Peninsula. The company operates through three main entities: Occident and Atradius in the insurance business, and Mémora in the funeral business, with a strong presence in over 50 countries and employing more than 8,600 people.
YTD Price Performance: 35.84%
Average Trading Volume: 80,544
Technical Sentiment Signal: Sell
Current Market Cap: €5.78B
Learn more about GCO stock on TipRanks’ Stock Analysis page.