VIEL & CIE 
Consolidated revenue of €756.6 million in 2017 -
a rise of 1.24% in constant currencies
VIEL & Cie reported consolidated revenue from its operating subsidiaries of €756.6 million in 2017, compared with €770.9 million in 2016, a rise of 1.24% on the year in constant currencies. At current exchange rates, consolidated revenue declined 1.86%.
Fourth-quarter 2017 consolidated revenue from the Group's subsidiaries was €182.0 million, up 4.1% in constant currencies compared with Q4 2016 (-1.7% at current exchange rates).
Consolidated revenue by business segment was as follows:
| €m | 2017 | 2016 |
| IDB business | 722,0 | 736,9 |
| Online trading | 34,6 | 34,0 |
| Consolidated revenue | 756,6 | 770,9 |
Interdealer broking activity rose by 1.22% in constant currencies (-2.03% at current exchange rates). Revenue from the online trading business was also up, rising 1.74% year on year.
In terms of geographic spread, the United Kingdom and North and South America are still the Group's major areas of activity, contributing 31.3% and 30.3% of consolidated revenue respectively, against 31.6% and 31.3% in 2016. Asia accounted for 24.8% of combined consolidated revenue, compared with 25.1% at 31 December 2016, while Continental Europe accounted for 13.6% against 12.0% in 2016.
The Company will publish FY 2017 results on 21 March 2017.
VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 28 countries, Bourse Direct, leader 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 Euronext. For more information on our Group, please visit our website at www.viel.com.
Contacts:
| VIEL & Cie Virginie de Vichet Director of Communications Tel. + 331 56 43 70 20 | Image 7 Priscille Reneaume Tel. + 331 53 70 74 61 |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: VIEL ET COMPAGNIE via Globenewswire
