Consolidated revenue in Q1 2016: €209.2 million
VIEL & Cie reported first-quarter consolidated revenue from its operating subsidiaries of €209.2m compared with €222.0m in Q1 2015, a decline of 5.8% at current exchange rates. In constant currencies, consolidated revenue was down 5.2%.
Consolidated revenue by business segment was as follows:
€m | 2016 | 2015 |
IDB business | 200.3 | 211.9 |
Online trading | 8.9 | 10.1 |
Consolidated revenue | 209.2 | 222.0 |
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, 12 May 2016
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 |