VIEL & Cie reported consolidated revenue from its operating subsidiaries of €900.1m in 2011 (2010: €902.2m), down 0.2% in current currencies. In constant currencies, this represents a year-on-year rise of 1.1%.
Consolidated revenue of the Group's subsidiaries in the fourth quarter was €209.6m, against €213.6m in the same period last year, down 1.9% in current currencies.
Consolidated revenue by business segment was as follows:
€m | 2011 | 2010 |
Interdealer broking | 866.5 | 875.6 |
Online trading | 33.6 | 26.6 |
Consolidated revenue | 900.1 | 902.2 |
Quarterly consolidated revenue in 2011 was as follows:
€m | 2011 | 2010 |
1st quarter | 243.5 | 225.0 |
2nd quarter | 213.4 | 245.9 |
3rd quarter | 233.6 | 217.7 |
4th quarter | 209.6 | 213.6 |
900.1 | 902.2 |
In terms of geographic spread, the United Kingdom and the Americas remain the Group's principal revenue generators, contributing 34.7% and 27.3% of consolidated revenue respectively against 35.2% and 29.1% in 2010. Asia accounted for 24.3% of consolidated revenue and continental Europe 13.7%, compared with 23.9% and 11.8% in 2010.
2011 annual results will be published on 22 March 2012.
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. For more information about our Group, visit our site at www.viel.com.
Paris, 9 February 2012
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 |