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27.07.2018 06:30:14
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Compagnie Financière Tradition: Growth in H1 2018 activity, adjusted revenue up 11.3% to CHF 502.7m
Compagnie Financière Tradition / Compagnie Financière Tradition: Growth in H1 2018 activity, adjusted revenue up 11.3% to CHF 502.7m . Verarbeitet und übermittelt durch Nasdaq Corporate Solutions. Für den Inhalt der Mitteilung ist der Emittent verantwortlich. Source: Globenewswire
| Press Release | |
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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 visit www.tradition.com. | |
| MEDIA CONTACTS | |
|
Patrick Combes, President Compagnie Financière Tradition SA +41 (0)21 343 52 52 actionnaire@tradition.ch |
Rohan Sant Voxia communication +41 (0)22 591 22 63 rohan.sant@voxia.ch |
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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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
--- Ende der Mitteilung ---
Compagnie Financière Tradition
Langallerie 11 Lausanne Schweiz
WKN: 870121;ISIN: CH0014345117;
Notiert: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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