Compagnie Financière Tradition SA

Equities

CFT

CH0014345117

Investment Banking & Brokerage Services

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Mar. 28	Viel & Cie: annual net income up by a third	CF
Feb. 09	Viel & Cie: sales up 9% in 2023	CF

Compagnie Financiere Tradition : Growth in H1 2018 activity, adjusted revenue up 11.3% to CHF 502.7m

July 27, 2018 at 02:07 am EDT

PRESS RELEASE
LAUSANNE, 27 JULY 2018

Growth in H1 2018 activity, adjusted revenue up 11.3% to CHF 502.7m

Compagnie Financière Tradition activity grew in the first semester with reported consolidated revenue of CHF 459.8m compared with CHF 411.4m in same period in 2017, up 10.3% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 11.8%.

For the same period, the Group's consolidated adjusted1) revenue was CHF 502.7m, compared with CHF 445.7m in 2017, an increase of 11.3% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was up 11.0% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) presented an increase of 21.4%.

In the second quarter, consolidated revenue was CHF 230.2m compared with CHF 198.0m in the second quarter 2017, representing an increase of 12.9% in constant currencies. The Group's consolidated adjusted1) revenue was CHF 251.8m against CHF 215.3m in 2017, up 13.7% in constant currencies with IDB up 13.5% and Non-IDB up 18.4%.

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

ABOUT COMPAGNIE FINANCIERE TRADITION SA

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 2,225 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 visitwww.tradition.com.

MEDIA CONTACTS

Patrick Combes, President	Rohan Sant
Compagnie Financière Tradition SA	Voxia communication
+41 (0)21 343 52 52	+41 (0)22 591 22 63
actionnaire@tradition.ch	rohan.sant@voxia.ch

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CFT - Compagnie Financière Tradition SA published this content on 27 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 July 2018 06:06:10 UTC

Latest news about Compagnie Financière Tradition SA

Viel & Cie: annual net income up by a third	Mar. 28	CF
Viel & Cie: sales up 9% in 2023	Feb. 09	CF
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Compagnie Financière Tradition Posts Lower Q3 Revenue	Nov. 02	MT
Compagnie Financière Tradition SA Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-01	CI
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Compagnie Financière Tradition to Launch Share Buyback Program in June	23-05-26	MT
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Compagnie Financière Tradition SA authorizes a Buyback Plan.	23-05-24	CI
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Company Profile

Compagnie Financiere Tradition SA is a Switzerland-based interdealer broker (IDB) that acts as a marketplace and intermediary, and facilitates transactions between financial institutions and traders in the capital markets. The Company is active in the financial markets, with focus on money markets, interest rate and currency derivatives, equities and equity derivatives, bonds and repurchase agreements, and credit derivatives, as well as in commodity-related markets, with focus on derivatives in oil, natural gas, power, coal, weather, emissions, precious metals, pulp and paper, and property. The Company is active on several exchanges, and operates in both exchange-traded and over-the-counter markets. It operates in approximately 30 countries globally.

Sector

Investment Banking & Brokerage Services

Calendar

2024-08-29 - Q2 2024 Earnings Release (Projected)

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