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22.07.2016 06:30:33
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Compagnie Financière Tradition: Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m
Compagnie Financière Tradition / Compagnie Financière Tradition: Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m . Verarbeitet und übermittelt durch Nasdaq OMX Corporate Solutions. Für den Inhalt der Mitteilung ist der Emittent verantwortlich. Source: Globenewswire
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Press Release Lausanne, 22 July 2016 Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m Q2 reported revenue up 2.2% in constant currencies The Group reported first-half consolidated revenue of CHF 425.2m, compared with CHF 426.6m in the same period in 2015, a decrease of 0.3% at current exchange rates or 1.6% in constant currencies. For the same period, the Group's consolidated adjusted1) revenue was CHF 460.0m compared with CHF 457.2m in 2015, representing an increase of 0.6% at current exchange rates. In constant currencies, the adjusted revenue decreased by 1.0%. The adjusted revenue from interdealer broking business (IDB) was down 2.3% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was up 48.1%. In the second quarter, consolidated revenue was CHF 205.8m compared with CHF 199.3m in the second quarter 2015, representing an increase of 2.2% in constant currencies. The Group's consolidated adjusted1) revenue was CHF 223.6m against CHF 214.1m in 2015, up 2.8% in constant currencies with IDB up 1.4% and Non-IDB up 50.0%. 1) with 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 28 countries, Compagnie Financière Tradition SA employs 2,175 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 | |
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Patrick Combes, President Compagnie Financière Tradition SA +41 (0)21 343 52 22 actionnaire@tradition.ch |
Jeremy Nieckowski Voxia communication +41 (0)22 591 22 63 jeremy.nieckowski@voxia.ch |
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Compagnie Financière Tradition via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Compagnie Financière Tradition via Globenewswire
HUG#2030059
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Compagnie Financière Tradition
Langallerie 11 Lausanne Schweiz
WKN: 870121;ISIN: CH0014345117;
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Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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