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 10, 2011

1750_iss_2011-02-10_c65774f8-500b-486e-892f-e38ce5190d79.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

Press release

2010 consolidated turnover: €902.2 million

VIEL & Cie reported consolidated turnover from its operating subsidiaries of €902.2 million in 2010 (2009: €922.6 million), down 2.2% at current exchange rates. At constant exchange rates, this represents a year-on-year decline of 7.4%.

Consolidated turnover of the Group's subsidiaries in the fourth quarter was €213.6 million, against €208.5 million in the same period last year, up 2.5% at current exchange rates.

Consolidated turnover by business segment was as follows:

€m 2010 2009
Interdealer broking 875.6 895.9
Online trading 26.6 26.7
Consolidated turnover 902.2 922.6

Quarterly consolidated turnover in 2010 was as follows:

2

€m 2010 2009
st quarter
1
225.0 259.1
nd quarter
2
245.9 247.6
rd quarter
3
217.7 207.4
th quarter
4
213.6 208.5
902.2 922.6

VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 27 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, and are included in the SBF 250. For more information about our Group, visit our site at www.viel.com.

Paris, 10 February 2011

Contacts

VIEL & Cie Virginie de Vichet Director of Communications Tel: 01 56 43 70 20

Image 7 Priscille Reneaume Tel: 01 53 70 74 95

Talk to a Data Expert

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