| Press Release | |
| Lausanne, 21 October 2016 | |
| Reported revenue at 30 September 2016 of CHF 612.7m, down 1.9% in constant currencies | |
| For the first nine months of the year, the Group reported consolidated revenue of CHF 612.7m, compared with CHF 623.8m in the same period in 2015, a decrease of 1.8% at current exchange rates or 1.9% in constant currencies. For the same period, the Group's consolidated adjusted1) revenue was CHF 662.5m compared with CHF 669.3m in 2015, representing a decrease of 1.0% at current exchange rates. In constant currencies, the adjusted revenue decreased by 1.6%. The adjusted revenue from interdealer broking business (IDB) was down 2.5% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was up 30.7%. In the third quarter, consolidated revenue was CHF 187.5m compared with CHF 197.2m in the third quarter 2015, representing a decrease of 2.4% in constant currencies. The Group's consolidated adjusted1) revenue was CHF 202.5m against CHF 212.2m in 2015, down 2.4% in constant currencies with IDB down 2.7% and Non-IDB up 7.5%.
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 | Rohan Sant Voxia communication +41 (0)22 591 22 63 rohan.sant@voxia.ch |
Compagnie Financière Tradition (CFT): press release results Q3 2016
| Source: Compagnie Financière Tradition
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