Compagnie Financiere Tradition: Adjusted revenue of CHF 1,053.9m in 2023, up 9.5%

Adjusted¹⁾ revenue of CHF 1,053.9m in 2023,
up 9.5% at constant exchange rates;
Growth of 11.5% in the 4^th quarter at constant exchange rates

Compagnie Financière Tradition recorded a growth in its reported revenue (IFRS) for the full 2023 financial year and in particular in the 4^th quarter with an increase of 10.6% and 13.4% respectively at constant exchange rates.

Indeed, the normalization of the monetary policy of central banks with the increase in interest rates during the year followed by an observation period in the search of the balance point that combine the control of inflation and a soft landing of the economy, all in an already complex geopolitical environment, were supportive to the Group’s interdealer broking business activities. Tradition also benefited from favorable market conditions in the energy and commodity businesses as well as the development of its activity dedicated to market data commercialization (TraditionData). Furthermore, the Group’s activity continues to be stimulated by its organic growth policy.

Revenue for the financial year:

Revenue for the 4^th quarter:

1) Proportionate consolidation method for joint ventures

Compagnie Financière Tradition SA is one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products. Represented in over 30 countries, Compagnie Financière Tradition SA employs more than 2,400 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.

Attachment

• CFT – Ad hoc announcement pursuant to Art. 53 LR – CP CA Q4 – EN_VF