Viel & Cie: 3% growth in turnover in the 1st quarter


(CercleFinance.com) – Viel & Cie posts consolidated turnover up 3% (+5.2% at constant exchange rate) to 299 million euros for the first quarter of 2024, compared to the same period of the previous year.

The financial group, which also owns 40% of SwissLife Banque Privée, claims growth of 2.1% for its professional intermediation subsidiary Compagnie Financière Tradition and 15% for its online stock exchange subsidiary Bourse Direct.

‘In the month of April 2024, the activities of Compagnie Financière Tradition recorded strong growth at constant exchange rates compared to April 2023’, adds Viel, which thus ‘continues its growth in 2024 in the continuity of the activity of the ‘year 2023’.

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