Press release
H1 2017 consolidated revenue of €399.6m
The Group reported first-half consolidated revenue from its operating subsidiaries of €399.6m, compared with €405.6m in the same period in 2016, a decline of 1.5% at current exchange rates. In constant currencies, consolidated revenue was down 0.7%.
In the second quarter, consolidated revenue was €189.7m, compared with €196.4m in the same period in 2016, a decline of 3.4% at current exchange rates. In constant currencies, revenue was down 1.7%.
First-half consolidated revenue by business segment at current exchange rates was as follows:
| €m | ||||||
| H1 2017 | H1 2016 | |||||
| IDB business | 382.1 | 388.0 | ||||
| Online trading | 17.5 | 17.6 | ||||
| Consolidated revenue | 399.6 | 405.2 | ||||
There has been no significant change in the Group's financial situation since the publication of its 2016 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, 26 July 2016
Contacts:
| VIEL & Cie Virginie de Vichet Director of Communications T: + 331 85 65 55 40 | Image 7 Priscille Reneaume T: + 331 53 70 74 61 |
