Diore Hayat & Associés: financial support and help with economic restructuring

Creation and financial expertise

Solène Diore Hayat, founder of

has thirteen years of experience in an audit firm BIG 4, specializing in the audit and advice of listed groups and their subsidiaries. This professional experience is justified by an exemplary school curriculum. A business school graduate, she also graduated as a chartered accountant, which ultimately enabled her to teach finance at the Sciences Po School of Public Affairs. It was in January 2021 that she decided , despite the unfavorable economic context not conducive to commercial development and social interactions, to create his company.

By being specialized in Financial Consulting activities for large groups, but also for SMEs, it is necessary to be effective to apply three pillars:

• Interim financial management,

• Financial valuation missions,

• The missions of the contribution and merger commissioner.

Realizing that these bases were complementary to his previous experience, creating his Financial Consulting company was the culmination of a 13-year career in Finance.

The technicality, the method, the knowledge of International and French Standards, as well as the knowledge of the economic environment were reusable tools and made available to clients in the form of Financial Consulting services.

Diore Hayat & Associés: financial support and help with economic restructuring

DioreHayat & Associés

The values ​​of Diore Hayat & Associés are illustrated by the human and benevolent commitment of its founder.

Proximity maintained with customers is essential, as much to be fully invested in their work as for the quality of their services.

The company is recognized for its technicality, its daring, its relevant advice and above all its network of professionals who can be mobilized and accessible.

Thanks to the presence of Solène Diore Hayat, the company stands out for its availability, its ease of interaction and its close collaboration with businesses.

Its agility allows for fewer fixed costs in view of the structure created and its professional experience.

Financial support during the health crisis

The stakes of an economic restructuring are higher after the health crisis which ends with difficulty. The prospects appear to be encouraging, a “normal” daily life is resuming its course, just like economic life. However, whole swathes of the economy have come to a standstill and restructuring is not about to stop. GDP growth should thus reach 6.3% in 2021 on an annual average, then 3.7% in 2022, before falling slightly below 2% in 2023. According to the INSEE, activity should therefore return to its pre- Covid from the end of 2021. Everything is obviously relative and each company emerges from this crisis with more or less scars. Debt restructuring must adapt to the capacity of each business to generate cash.This then consists of extending the repayment periods, in particular for loans guaranteed by the State, by adding, if necessary, an excess period.

Measures have been put in place because sectors have not all been impacted in the same way, whether it is tourism, catering or even aeronautics. This is why, in the context of the health crisis, discussions between companies and financial institutions have mainly focused on the establishment of loans guaranteed by the State. Many companies have therefore asked to be eligible for this aid: around 600,000 companies for a little over 130 billion euros. Some companies requested these loans as a precaution, given the context, and did not spend them to be able to repay them when the economic situation stabilized. Other companies have spent them to compensate for their lost turnover, and thewe understand the difficulty that its last will have to reimburse them. Others, finally, already encountered difficulties before the health crisis. They were able to benefit from PGE with a windfall effect. The consequences of their difficulties are simply staggered in time. The government has allowed an additional year of franchise, so that very few PGE beneficiaries will repay this debt before 2022.so that very few PGE beneficiaries will repay this debt before 2022.so that very few PGE beneficiaries will repay this debt before 2022.

Economic crises impact company valuations.

These are based on future projections that are difficult to establish in times of crisis.

There are different methods, for example, the DCF (“Discounted Cash Flows”) method which allows the successive effects of crises and reversals to be included in the valuation calculation.

Estimating the future risks on the main financial aggregates of company valuation is not easy as the economic situation has been unstable.

No one can predict whether the rebound in the economy will last over time, but it is easy to understand the importance of being well surrounded to build a reliable valuation of your business according to the different scenarios considered.

contact: solene@diore-hayat-et-associes.com