Earnings Release • Feb 7, 2013
Earnings Release
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Press release
VIEL & Cie reported consolidated revenue from its operating subsidiaries of €874.1m in 2012 (2011: €900.1m), down 2.9% in current currencies. In constant currencies, this represents a yearon-year decrease of 8.9%.
Consolidated revenue of the Group's subsidiaries in the fourth quarter was €195.3m, against €209.6m in the same period last year, down 6.8% in current currencies.
Quarterly consolidated revenue in 2012 was as follows:
| €m | 2012 | 2011 | |
|---|---|---|---|
| st quarter 1 |
242.4 | 243.5 | |
| nd quarter 2 |
225.1 | 213.4 | |
| rd quarter 3 |
211.3 | 233.6 | |
| th quarter 4 |
195.3 | 209.6 | |
| 874.1 | 900.1 |
In terms of geographic spread, the United Kingdom and the Americas remain the Group's principal revenue generators, contributing 34.2% and 27.6% of consolidated revenue respectively against 34.7% and 27.3% in 2011. Asia accounted for 25.6% of consolidated revenue and continental Europe 12.6%, compared with 24.3% and 13.7% in 2010.
2012 annual results will be published on 21 March 2013.
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 B of NYSE Euronext Paris. For more information about our Group, visit our site at www.viel.com.
Paris, 7 February 2013
Contacts
VIEL & Cie Virginie de Vichet Head of Communications Tel: 01 56 43 70 20
Image 7 Priscille Reneaume Tel: 01 53 70 74 95
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