Feb 22nd, 2010

TRC Group's parent company announces end of year turnover figures of AU$1.4bn

  • Article appeared in: www.viel.com
VIEL & Cie reported consolidated turnover from its operating subsidiaries of €922.6 million in 2009 (2008: €1,013.0 million), down 8.9% at current exchange rates. At constant exchange rates, this represents a year-on-year decline of 8.2%.

Consolidated turnover of the Group’s subsidiaries in the fourth quarter was €208.5 million, against €263.8 million in the same period last year.

Consolidated turnover by business segment was as follows:

€m/ 2009 /2008
Interdealer broking/895.9/981.6
Online trading/26.7/31.4
Consolidated turnover/922.6/1 013.0

Quarterly consolidated turnover in 2009 was as follows:

€m/2009/2008
1st quarter/259.1/256.2
2nd quarter/247.6/250.4
3rd quarter/207.4/242.6
4th quarter/208.5/263.8
Year 2009/922.6 /1 013.0

VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 27 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, and are included in the SBF 250. For more information about our Group, visit our site at www.viel.com.
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