VIEL & Cie : H1 2016 consolidated revenue of €405.6m

28 juli 2016

Press release

 

 

The Group reported first-half consolidated revenue from its operating subsidiaries of €405.6m , compared with €423.2m in the same period in 2015, a decline of 4.2% at current exchange rates. In constant currencies, consolidated revenue was down 2.0%.

 

In the second quarter, consolidated revenue was €196.4m, compared with €201.2m in the same period in 2015, a decline of 2.4% at current exchange rates. In constant currencies, revenue was up by 1.6%.

 

First-half consolidated revenue by business segment at current exchange rates was as follows:

 

€m
			H1 2016		H1 2016
	IDB business		388.0		403.7
	Online trading		17.6		19.5
	Consolidated revenue		405.6		423.2

 

 

There has been no significant change in the Group's financial situation since the publication of its 2015 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, leader in the online trading sector in France, and a 40% equity accounted stake in SwissLife Banque, present in the private banking sector in France.

VIEL & Cie shares (codes: FR0000050049, VIL) are listed in Compartment B of Euronext Paris. For more information on our Group, please visit ww.viel.com.

 

Paris, 28 July 2016

VIEL & Cie Virginie de Vichet Director of Communications T: + 331 85 65 55 40

Image 7 Priscille Reneaume T: + 331 53 70 74 61

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