| Press Release | |
| Lausanne, 27 April 2018 | |
| Growth in Q1 2018 activity, adjusted revenue up 9.1% to CHF 250.9m | |
| Compagnie Financière Tradition activity grew in the first quarter with reported consolidated revenue of CHF 229.6m compared with CHF 213.4m in same period in 2017, up 7.8% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 7.6%. For the same period, the Group's consolidated adjusted1) revenue was CHF 250.9m, compared with CHF 230.4m in 2017, an increase of 9.1% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was up 8.6% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) presented an increase of 24.4%. 1) Proportionate consolidation method for joint ventures ("Adjusted") | |
| ABOUT COMPAGNIE FINANCIERE 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 29 countries, Compagnie Financière Tradition SA employs more than 2,225 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 |
CFT: Growth in Q1 2018 activity, adjusted revenue up 9.1% to CHF 250.9m
| Quelle: Compagnie Financière Tradition