| Press Release Lausanne, 23 October 2014 | |
| The Group reported consolidated revenue of CHF 197.9m in the third quarter 2014, down 2.8% in constant currencies from the equivalent quarter last year. The Group's consolidated adjusted1) revenue was CHF 212.4m, down 2.1% at constant exchange rates with IDB down 1.9% and Non-IDB down 8.1%. For the first nine months of the year, consolidated revenue was CHF 623.3m compared with CHF 679.5m in same period in 2013, a decrease of 8.3% at current exchange rates or 6.3% in constant currencies. For the same period, the Group's consolidated adjusted1) revenue was CHF 664.7m compared with CHF 727.9m in 2013, a decrease of 6.7% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was down 6.1% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was down 29.6%. 1) with proportionate consolidation method for joint ventures in line with the Group management reports ("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 2,250 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 65 jeremy.nieckowski@voxia.ch |
CFT: Reported revenue in third quarter 2014: CHF 197.9m, down 2.8% in constant currencies
| Quelle: Compagnie Financière Tradition