| 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 | |
| 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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Compagnie Financière Tradition: Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m
| Source: Compagnie Financière Tradition
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