PRESS RELEASE
Paris 7 february 2025
Consolidated revenue of €1 179.3m
up 9.4% on the year
at current exchange rates
In constant currency consolidated revenue up 10.6%
VIEL & Cie reported strong growth in activity levels in 2024 with consolidated revenue of €1 179.3m, up 9,4% on the year at current exchange rates. In constant currency, revenue increased by 10.6%.
Consolidated revenue by business segment was as follows :
€m | 2024 | 2023 |
IDB business | ||
1 103.9 | 1 011.0 | |
Online trading | 75.4 | 66.6 |
Consolidated revenue | 1 179.3 | 1 077.6 |
Fourth-quarter consolidated revenue was €299.6 million, up 9.9% at current exchange rates and 9.2% on a constant currency basis compared with the same period in 2023.
The Company will publish FY 2024 results on 27 March 2025.
The variations of the various income statement items at current exchange rates are calculated on the basis of the average rates of the period, compared to the average rates of the previous period as part of the conversion of the currencies of the group's consolidated subsidiaries. The variations of the various income statement items at constant exchange rates are calculated by using the average conversion rates for period N-1 over the two comparison periods.
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 2,600 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 Communication | T : + 331 53 70 74 48 |
T : + 331 56 43 70 20 |