COMPAGNIE FINANCIÈRE TRADITION SA

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Growth in adjusted revenue by 6.6% in the 3rd quarter to CHF 220.5m

10/29/2021 | 12:48am EDT

LAUSANNE, 29 OCTOBER 2021

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

Growth in adjusted revenue by 6.6% in the 3rd quarter

to CHF 220.5m

In the context of normalization of activity and after a decrease in the first semester 2021 compared to the exceptional volumes observed in the early stages of the health crisis, activity in the third quarter was up compared to the same period last year.

Thus, Compagnie Financière Tradition reported consolidated revenue of CHF 202.6m compared with CHF 185.7m in 2020, representing an increase of 6.5% at constant exchange rates. For the same period, the Group's consolidated adjusted1) revenue was CHF 220.5m, compared with CHF 202.4m in 2020, up 6.6% at constant exchange rates with IDB up 6.3% and Non-IDB up 14.3% respectively. At current exchange rates, consolidated revenue would increase by 9.0%, of which 8.9% and 10.9% for the IDB and Non-IDB respectively.

Over the first nine months of the year, reported consolidated revenue was CHF 654.6m compared with CHF 698.5m in the same period in 2020, down 5.4% at constant exchange rates. The Group's consolidated adjusted revenue was CHF 711.5m against CHF 760.4m in 2020, down 5.4% at constant exchange rates with interdealer broking business (IDB) down 5.4% and the forex trading business for retail investors in Japan (Non-IDB) down 6.3%.

  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 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 04:47:02 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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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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