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 year-on-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 |
1st quarter | 242.4 | 243.5 |
2nd quarter | 225.1 | 213.4 |
3rd quarter | 211.3 | 233.6 |
4th quarter | 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 |