Earnings Release • Feb 11, 2010
Earnings Release
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Press release
VIEL & Cie reported consolidated turnover from its operating subsidiaries of €922.6 million in 2009 (2008: €1,013.0 million), down 8.9% at current exchange rates. At constant exchange rates, this represents a year-on-year decline of 8.2%.
Consolidated turnover of the Group's subsidiaries in the fourth quarter was €208.5 million, against €263.8 million in the same period last year.
Consolidated turnover by business segment was as follows:
| €m | 2009 | 2008 |
|---|---|---|
| Interdealer broking | 895.9 | 981.6 |
| Online trading | 26.7 | 31.4 |
| Consolidated turnover | 922.6 | 1 013.0 |
Quarterly consolidated turnover in 2009 was as follows:
2
| €m | 2009 | 2008 | |
|---|---|---|---|
| st quarter 1 |
259.1 | 256.2 | |
| nd quarter 2 |
247.6 | 250.4 | |
| rd quarter 3 |
207.4 | 242.6 | |
| th quarter 4 |
208.5 | 263.8 | |
| 922.6 | 1 013.0 |
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, 11 February 2010
Contacts
VIEL & Cie Virginie de Vichet Director of Communications Tel: 01 56 43 70 20
Image 7 Estelle Guillot – Tantay Tel: 01 53 70 74 95
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