AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Viel & Cie

Earnings Release Feb 5, 2015

1750_iss_2015-02-05_72d4c393-a3aa-46e5-ac77-2c03aa624c0c.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

2014 consolidated revenue : €727.0m Consolidated revenue in the fourth quarter up 6.4%

VIEL & Cie reported consolidated revenue from its operating subsidiaries of €727.0m in 2014 (2013: €744.7), down 2.4% in current currencies. In constant currencies, this represents a year-onyear decrease of 2.8%.

Consolidated revenue of the Group's subsidiaries in the fourth quarter was €186.8m up 6.4% in current currencies compared to 2013 (up 5.9% in constant currencies).

Consolidated revenue by business segment was as follows:

€m 2014 2013
Interdealer broking 689.5 710.4
Online trading 37.5 34.3
Consolidated revenue 727.0 744.7

Interdealer broking activity fell 2.9 % in current currencies (-3.4 % at constant exchange rates). Revenue from its online trading business was up 9.2% on the equivalent period in 2013.

In terms of geographic spread, the United Kingdom and the Americas remain the Group's principal revenue generators, contributing 35.3% and 29.1% of consolidated revenue respectively against 34.0% and 29.2% in 2013. Asia accounted for 22.2% of consolidated revenue and continental Europe 13.4%, compared with 23.7% and 13.1% in 2013.

2014 annual results will be published on 19 March 2015.

VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 28 countries, Bourse Direct, a major player 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 C of Euronext Paris. For more information on our Group, please visit our website at www.viel.com.

Contacts:

VIEL & Cie Virginie de Vichet Head of communication T : + 331 56 43 70 20

Image 7 Priscille Reneaume T : + 331 53 70 74 61

Talk to a Data Expert

Have a question? We'll get back to you promptly.