Communiqué de presse
VIEL & Cie
H1 2019 : Consolidated revenue of €435.3 million -
a rise of 6.0% in current currencies *
VIEL & Cie reported first-half consolidated revenue from its operating subsidiaries of €435.3 million, compared with €410.8 million in 2018, a rise of 6.0% on the year in current currencies. At constant exchange rates, consolidated revenue of €420.7 million up 2.4%.
In the second-quarter 2019, consolidated revenue from the Group’s subsidiaries was €215.7 million compared with €204.4 million in 2018, up 5.5% in current currencies (+2.5% at constant exchange rates).
Consolidated revenue by business segment was as follows (current exchange rates):
| €m | H12019 | H12018 |
| IDB business | 419.9 | 393.1 |
| Online trading | 15.4 | 17.7 |
| Consolidated revenue | 435.3 | 410.8 |
There has been no significant change in the Group’s financial situation since the publication of its 2018 financial statements.
* The variations of profit and loss accounts with variable exchange rates are calculated on the basis of the average exchange rates of the year compared with the average exchange rates of the previous year for the currency conversion of Group subsidiaries The variations of the various profit and loss accounts with constant exchange rates are calculated by with the average constant exchange rates of the year N-1 over two years of comparison.
VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 29 countries, Bourse Direct, leader 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 Euronext. For more information on our Group, please visit our website at www.viel.com.
Paris, 1 August 2019
Contacts :
| VIEL & Cie Virginie de Vichet Director of Communications T : + 331 85 65 55 40 | Image 7 Sophie Hurvois T : + 331 53 70 74 61 |
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