26/04/2019 05:30:00

Compagnie Financière Tradition: Growth in Q1 2019 activity, adjusted revenue up 3.7% to CHF 263.6m

Press Release

 Lausanne, 26 April 2019

 

 Growth in Q1 2019 activity,

adjusted revenue up 3.7% to CHF 263.6m

 

 

Compagnie Financière Tradition activity grew in the first quarter with reported consolidated revenue of CHF 240.2m compared with CHF 229.6m in same period in 2018, up 3.3% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 4.6%.

For the same period, the Group’s consolidated adjusted1) revenue was CHF 263.6m, compared with CHF 250.9m in 2018, an increase of 3.7% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was up 3.3% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) presented an increase of 15.5%.

1) Proportionate consolidation method for joint ventures ("Adjusted")

 

ABOUT TRADITION

 
 

Compagnie Financière Tradition SA is one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Represented in 29 countries, Compagnie Financière Tradition SA employs more than 2,300 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financière Tradition SA (CFT) is listed on the SIX Swiss Exchange.

 

For more information, please visit www.tradition.com 

  

MEDIA CONTACTS

 

Patrick Combes, President 

Compagnie Financière Tradition SA 

+41 (0)21 343 52 22 

actionnaire@tradition.ch

Rohan Sant

Voxia communication

+41 (0)22 591 22 63

rohan.sant@voxia.ch

  

 

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