PRESS RELEASE
Paris, 9 February 2023
Revenue of €989.6m
up 15.7% YoY
VIEL & Cie reported strong growth in activity levels in 2022 with consolidated revenue of €989.6m, up 15.7% on the year at current exchange rates. In constant currency, revenue increased by 10.1%.
After increasing 12.7% in the first half consolidated revenue was up 18.9% in the second half of 2022, at current exchange rates.
In constant currency, first- and second-half revenue grew by 7.4% and 12.9% respectively.
Consolidated revenue by business segment was as follows:
€m | 2022 | 2021 |
IDB business | 942.5 | 809.1 |
Online trading* | 47.1 | 46.0 |
Consolidated revenue | 989.6 | 855.1 |
Bourse Direct has published consolidated accounts since 1 January 2022
Fourth-quarter consolidated revenue was €246.7 million, up 12.4% at current exchange rates and 8.2% on a constant currency basis compared with the same period in 2021.
The Company will publish FY 2022 results on 31 March 2023.
VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, with a presence in 30 countries, ranked third top global player in the IDB sector with over 2,400 employees worldwide, Bourse Direct, leader in the online trading sector in France, and a 40% equity accounted stake in SwissLife Banque, operating in the private banking sector in France.
VIEL & Cie shares (codes: FR0000050049, VIL) are listed in Compartment B of Euronext Paris. For more information on our Group, please visit our website at www.viel.com.
Contacts: | |
VIEL & Cie | Image 7 |
Virginie de Vichet | Claire Doligez |
Director of Communications | T: + 331 53 70 74 48 |
T: + 331 56 43 70 20 |
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Viel & Compagnie SA published this content on 10 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2023 11:09:06 UTC.