Viel & Cie posts double-digit revenue growth in Q1
Viel & Cie shares edged up 1% following the announcement of robust top-line growth for the first quarter of 2026. Consolidated revenue reached EUR 364.8 million, up 10.5% at current exchange rates and 18.5% on a constant currency basis.
'Currency fluctuations have had a significant impact at the start of the year on the conversion into euros of the group's international operations,' the financial services specialist noted to explain the variance.
Its interdealer broking subsidiary, Compagnie Financière Tradition, reported revenue of EUR 342.7 million for the first three months of 2026, while its French online brokerage arm, Bourse Direct, recorded EUR 22.1 million, representing increases of 10% and 18.2% respectively.
As a reminder, in addition to these two core businesses, Viel & Cie holds a 40% equity-accounted stake in Swiss Life Banque Privée, which operates in the French private wealth management sector.
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 (94%; 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 (6%; Bourse Direct).
The group also holds a 40% share in SwissLife Banque Privée.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (49.4%), the Americas (30.4%) and Asia/Pacific (20.2%).
