Consolidated revenue in Q1 2012: €242.4m
(-0.5% at current rates)
VIEL & Cie reported consolidated revenue from its operating subsidiaries for the first quarter of 2012 of €242.4m, compared with €243.5m for the equivalent period in 2011, down 0.5 % at current exchange rates, or 3.8 % at constant exchange rates.
Consolidated revenue by business segment was as follows:
€m | 2011 | 2011 |
Interdealer broking | 234.2 | 235.1 |
Online trading | 8.2 | 8.4 |
Consolidated revenue | 242.4 | 243.5 |
In terms of geographic spread, the United Kingdom and the Americas are still the Group's major areas of activity, contributing 32.5% and 27.4% of consolidated revenue respectively, against 34.8% and 28.5% in 2011. Asia accounted for 25.7% of consolidated revenue, compared with 23.3% in 2011, while Continental Europe accounted for 14.4 % against 13.3 % a year ago.
The Group's financial situation has not changed significantly since the publication of its 2011 financial statements.
VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 27 countries, Bourse Direct, a major player in the online trading sector in France, and a 40% equity accounted stake in SwissLife Banque Privée, present in the private banking sector in France.
VIEL & Cie shares (codes: FR0000050049, VIL) are listed in Compartment B of NYSE Euronext Paris.
For more information on our Group, please visit our website at www.viel.com.
Paris, 11 May 2012
Contacts:
VIEL & Cie Virginie de Vichet Director of Communications T : + 331 56 43 70 20 | Image 7 Priscille Reneaume T : + 331 53 70 74 93 |