| Press Release | |
| Lausanne, 26 January 2018 | |
| 4th quarter: Increase of reported revenue by 4.1%1) and adjusted2) revenue by 4.4% | |
| In the fourth quarter, consolidated revenue was CHF 201.7m compared with CHF 190.7m in the same period in 2016, representing an increase of 4.1%. The Group's consolidated adjusted revenue was CHF 219.8m against CHF 207.6m in 2016, up 4.4% in constant currencies with interdealer broking business (IDB) up 5.4% and the forex trading business for retail investors in Japan (Non-IDB) down 17.5%. The Group reported consolidated revenue of CHF 802.5m for the year, compared with CHF 803.4m in 2016, a decrease of 0.1% in current currencies. Excluding currency effects, consolidated revenue of Compagnie Financière Tradition was up 1.2% compared to last year. For the year, the Group's consolidated adjusted revenue was CHF 873.5m compared with CHF 870.1m in 2016, an increase of 1.8%. The adjusted revenue from IDB was up 2.9% in constant currencies while Non-IDB was down 23.1%. 1) Changes are in constant currencies, unless otherwise stated 2) 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 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 |
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