VIEL & Cie reported consolidated revenue from its operating subsidiaries for the first quarter of 2013 of €214.7m, compared with €242.4m for the equivalent period in 2012, down 11.4 % at current exchange rates, or 9.0 % at constant exchange rates.
The level of activity was higher in the Q1 2013 than in the Q4 2012, with consolidated revenue up 9.9% at current exchange rates and 12.9% in constant currencies.
Consolidated revenue by business segment was as follows:
| €m | 2013 | 2012 |
| Interdealer broking | 205.6 | 234.2 |
| Online trading | 9.1 | 8.2 |
| Consolidated revenue | 214.7 | 242.4 |
In terms of geographic spread, the United Kingdom is the Group's major area of activity, contributing 33.6% of consolidated revenue, compared with 32.5% in 2012. The American continent and Asia accounted for 26.9% and 26.7% of consolidated revenue, against 27.4% and 25.7% respectively in 2012. Continental Europe accounted for 12.8 % against 14.4 % a year ago.
The Group's financial situation has not changed significantly since the publication of its 2012 financial statements.
VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 28 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, 10 May 2013
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 |
