Compagnie Financière Tradition's consolidated turnover in the first nine months of the year grew by 9.2% to CHF 697.5 million at current exchange rates, compared with CHF 638.4 million a year ago. In constant terms, this represents a rise of 11.1% to CHF 709.5 million.
The growth in business activities which began in the second quarter gathered momentum in Q3 2005, with consolidated turnover ahead 20.7% to CHF 236.6 million at current exchange rates compared with the same period last year. This represents a rise of 19.8% in constant terms.
Geographically, the United Kingdom accounted for 35.2% of turnover, the United States for 29.1%, Continental Europe for 13.1% and Asia for 22.7%.
The growth in business activities which began in the second quarter gathered momentum in Q3 2005, with consolidated turnover ahead 20.7% to CHF 236.6 million at current exchange rates compared with the same period last year. This represents a rise of 19.8% in constant terms.
Geographically, the United Kingdom accounted for 35.2% of turnover, the United States for 29.1%, Continental Europe for 13.1% and Asia for 22.7%.
With a presence in 18 countries, Compagnie Financière Tradition is one of the world's top three brokers in financial (money markets, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and commodity-related products (precious metals, environmental & energy products).
The Company is listed on the Swiss Exchange (CFT). For further information, please visit www.traditiongroup.com.
Lausanne, 2 November 2005
