Skip to main content

Compagnie Financière Tradition: Growth in adjusted revenue by 13.9% in the 3rd quarter to CHF 253.9m

Growth in adjusted revenue by 13.9% in the 3rdquarter to CHF 253.9mCompagnie Financière Tradition activity grew strongly during the third quarter 2019 with reported consolidated revenue of CHF 230.8m compared with CHF 204.2m in 2018, representing an increase of 15.3% in constant currencies. For the same period, the Group’s consolidated adjusted1) revenue was CHF 253.9m, compared with CHF 227.1m in 2018, an increase of 13.9% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was up 15.2% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) presented a decrease of 12.6%.In the first nine months of the year, reported consolidated revenue was CHF 705.1m compared with CHF 664.0m in same period in 2018, up 6.9% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 6.2%. The Group’s consolidated adjusted revenue was CHF 774.4m against CHF 729.8m in 2018, up 6.7% in constant currencies with IDB businesses up 6.9% and Non-IDB up 2.1%.1) Proportionate consolidation method for joint ventures (“Adjusted”)ABOUT COMPAGNIE FINANCIERE TRADITION SACompagnie 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 2,300 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     AnhangCFT – Communiqué du chiffre d’affaires Q3 2019 – EN_VF

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.