Press release
VIEL & Cie
First quarter 2019
Revenue of €219.7m
up 6.4% at current exchange rates
up 2.3% at constant exchange rates*
VIEL & Cie reported first-quarter 2019 consolidated revenue from its operating subsidiaries of €219.7m, an increase of 6.4% at current exchange rates compared with €206.4m in the same period in 2018. At constant exchange rates, revenue grew 2.3% to €211.1m.
There has been no significant change in the Group’s financial situation since the publication of its 2018 financial statements.
*The variations in income statement items at current exchange rates are calculated based on average rates for the period compared with average rates for the previous period as part of currency translations for the Group’s consolidated subsidiaries. The variations in income statement items at constant exchange rates are calculated using the average conversion rates of period N-1 over the two comparison periods.
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, 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.
Paris, 17 May 2019
Contacts:
| VIEL & Cie Virginie de Vichet Directeur de la Communication T : + 331 56 43 70 20 | Image 7 Priscille Reneaume T : + 331 53 70 74 61 |
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