Viel & Cie: turnover growth of 5.2% to €299 million in the first quarter







Photo credit © ChaunuPictures

(Boursier.com) — Viel & Cie continues its growth in 2024 in continuity with the activity of the year 2023. Consolidated turnover recorded growth of 5.2% at constant exchange rates and 3% at variable exchange rates to establish itself at 299 million euros. In April 2024, Compagnie Financière Tradition’s activities recorded strong growth at constant exchange rates compared to April 2023.

The group’s financial situation has not undergone any significant change since the publication of its 2023 annual financial report.
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.


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