H1 2016 consolidated revenue of €405.6m
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:
|H1 2016||H1 2016|
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
T: + 331 53 70 74 61