COMPAGNIE FINANCIÈRE TRADITION SA

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Compagnie Financiere Tradition : Growth in adjusted revenue by 7.1% in the 4th quarter to CHF 239.3m

01/28/2022 | 12:36am EDT

LAUSANNE, 28 JANUARY 2022

Ad hoc announcement pursuant to Article 53 of the Six Exchange Regulation Listing Rules

Growth in adjusted revenue by 7.1% in the 4th quarter

to CHF 239.3m

The Group's activities progressed in the second half of 2021 after a period of normalization of activity during the first half of the financial year given the extreme volatility on the financial markets at the very beginning of the health crisis.

In the fourth quarter, Compagnie Financière Tradition reported consolidated revenue of CHF 219.0m compared with CHF 204.5m in 2020, representing an increase of 5.5% at constant exchange rates. For the same period, the Group's consolidated adjusted1) revenue was CHF 239.3m, compared with CHF 220.8m in 2020, up 7.1% at constant exchange rates with interdealer broking business (IDB) up 5.9% and the forex trading business for retail investors in Japan (Non-IDB) up 42.7% respectively. At current exchange rates, consolidated revenue would increase by 8.3%, of which 7.5% and 35.0% for the IDB and Non-IDB respectively.

Thus, in the second semester, Compagnie Financière Tradition reported consolidated revenue of CHF 421.6m compared with CHF 390.2m in 2020, representing an increase of 6.0% at constant exchange rates. For the same period, the Group's consolidated adjusted1) revenue was CHF 459.8m, compared with CHF 423.2m in 2020, up 6.8% at constant exchange rates with IDB up 6.1% and Non- IDB up 28.2% respectively.

For the fiscal year 2021, reported consolidated revenue was CHF 873.6m compared with CHF 903.0m in 2020, down 2.9% at constant exchange rates. The Group's consolidated adjusted revenue was CHF 950.8m against CHF 981.2m in 2020, down 2.5% at constant exchange rates with IDB down 2.8% and Non-IDB up 3.8%.

  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 over 30 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

Rohan Sant

Compagnie Financière Tradition SA

Voxia communication

+41 (0)21 343 52 87

+41 (0)22 591 22 63

actionnaire@tradition.ch

rohan.sant@voxia.ch

Disclaimer

CFT - Compagnie Financière Tradition SA published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 05:35:10 UTC.


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Sales 2021 864 M 897 M 897 M
Net income 2021 65,3 M 67,8 M 67,8 M
Net Debt 2021 75,5 M 78,4 M 78,4 M
P/E ratio 2021 12,1x
Yield 2021 4,78%
Capitalization 806 M 837 M 837 M
EV / Sales 2020 0,96x
EV / Sales 2021 1,00x
Nbr of Employees 2 450
Free-Float 20,8%
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Managers and Directors
François Brisebois Chief Financial Officer
Patrick Combes Chairman
Jean-Marie Descarpentries Independent Non-Executive Director
Herve Pierre Benoit Carmen de Carmoy Independent Non-Executive Director
François Carrard Deputy Chairman
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