Viel & Cie has announced strong sales growth for 2022, with sales of 989.6 million euros, up 15.7% at current exchange rates and 10.1% at constant exchange rates.
This growth was mainly driven by its main professional intermediation division (Compagnie Financière Tradition), while sales of its online brokerage division (Bourse Direct) rose slightly.
Fourth-quarter sales for the group specializing in the financial sector came to 246.7 million euros, up 12.4% at current exchange rates and 8.2% at constant exchange rates compared with the same period in 2021.
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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 
