Viel & Cie : First-quarter 2022 consolidated revenue 534.63 KB

PRESS RELEASE

Paris, 6 May 2022

Q1 2022:

Revenue: €253.3 million

up 8.5% (at constant exchange rates)

The average level of activity in the first quarter of the year was up compared with the same period last year.

VIEL & Cie's operating subsidiaries reported consolidated revenue of €253.3m in the first quarter of 2022 compared with €233.4m in Q1 2021, an increase of 8.5% at current exchange rates.

At constant exchange rates, consolidated revenue was up 4.0% to €242.7m.

Consolidated revenue by business segment was as follows:

€m	2022	2021
IDB business	238.9	220.2
Online trading*	14.4	13.2
Consolidated revenue	253.3	233.4

*Bourse Direct publishes consolidated financial statements since 1 January 2022

The Group's financial situation has not changed significantly since the publication of its financial results for 2021.

The variations in income statement items at current exchange rates are calculated on the basis of the average rates for the period compared with average rates for the previous period when translating the currencies of the Group's consolidated subsidiaries. The variations in income statement items at constant exchange rates are calculated using the average conversion rates of 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 2,400 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.

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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.

	Paris, 6 May 2022
	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