Viel & Cie has reported a 33.4% increase in net income for 2023 to 98.1 million euros, and a 25.8% rise in operating income (including associates) to 172.1 million.
The parent company of Compagnie Financière Tradition and Bourse Direct posted annual sales of almost 1.08 billion euros, up 8.9% at current exchange rates and 12.1% at constant exchange rates.
A dividend of 40 euro cents per share for 2023, up 14.2%, will be proposed to the AGM on June 6. Since the beginning of 2024, Viel has reported growth in professional intermediation and sustained business in online brokerage.
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Viel & Cie is an investment company specializing in acquiring long-term shares in companies operating in the finance sector. Net sales break down by sector of activity as follows:
- professional intermediation (95.2%; Compagnie Financière Tradition): intermediation in interest and exchange products (monetary products, interest and exchange rate derivatives, credit derivatives, exchange options), in securities and security derivatives (stocks, stock and index derivatives, bonds, etc.), and in the raw material and energy markets (precious metals, coal, oil, electricity, natural gas, paper pulp);
- online brokerage (4.8%; Bourse Direct).
The group also holds a 40% share in SwissLife Banque Privée.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (46.2%), Americas (29.8%) and Asia/Pacific (24%).
VIEL & CIE 
