VIEL & Cie's operating subsidiaries posted consolidated revenue of €800.0m in 2015 against €727.0m in 2014, a year-on-year rise of 10% in current currencies At constant exchange rates, consolidated revenue was down 1.7%.
Consolidated revenue from the Group's subsidiaries in Q4 2015 was €184.30m, a decline of 1.3% at current exchange rates compared with 2014 (-9.3% in constant currencies)
Consolidated revenue by business segment was as follows:
€m | 2015 | 2014 |
Interdealer broking | 762.9 | 689.5 |
Online trading | 37.1 | 37.5 |
Consolidated revenue | 800.0 | 727.0 |
Interdealer broking activity rose 10.6% in current currencies. Revenue from the online trading business slipped 1.1% compared with the same period in 2014.
In terms of geographic spread, the United Kingdom and North and South America are still the Group's major contributors with 33.3% and 30.9% of consolidated revenue respectively, against 35.2% and 29.1% in 2014. Asia accounted for 23.4% of combined consolidated revenue, compared with 22.2% at 31 December 2014, while Continental Europe accounted for 12.4% against 13.4% in 2014.
The Company will publish its annual results for 2015 on 17 Mach 2016.
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 internet 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 our website at www.viel.com.
Contacts:
VIEL & Cie Virginie de Vichet Director of Communications Tel. + 331 56 43 70 20 | Image 7 Priscille Reneaume Tel. + 331 53 70 74 61 |