VIEL & Cie : Consolidated revenue at 30 September 2013: €616.5 million


Consolidated revenue at 30 September 2013:
€616.5 million

VIEL & Cie reported consolidated revenue from its operating subsidiaries of €616.5m in the first nine months of the year compared with €678.8m in the same period in 2012, a decline of 9.2 % at current exchange rates. In constant currencies, consolidated revenue was down 4.2 %.

Third quarter consolidated revenue was €183.9m, down 13 % from the third quarter of 2012. In constant currencies, quarterly revenue declined 5.1%.

Consolidated revenue by business segment was as follows:

€m 2013 2012
Interdealer broking 591.1 656.4
Online trading 25.4 22.4
Consolidated revenue 616.5 678.8

Revenue from its online trading business was up 13.3 % on the equivalent period in 2012.

Interdealer broking activity fell 9.9 % in current currencies (-6.1 % at constant exchange rates).

The Group's financial situation has not changed significantly since the publication of its 2013 interim financial report.

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, 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 on our Group, please visit our website at www.viel.com.

Paris, 7 november 2013

Contacts:

VIEL & Cie
Virginie de Vichet
Director of Communications
T : + 331 56 43 70 20
Image 7
Priscille Reneaume
T : + 331 53 70 74 61

 


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VIEL & Cie - CA T3 2013 - EN

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