CFT: Reported revenue in third quarter 2014: CHF 197.9m, down 2.8% in constant currencies
ID: 1125282
Compagnie Financière Tradition /
CFT: Reported revenue in third quarter 2014: CHF 197.9m, down 2.8% in constant
currencies
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Source: Globenewswire
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 adjusted(1)) 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 adjusted(1)) 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 Jeremy Nieckowski
Compagnie Financière Tradition SA Voxia communication
+41 (0)21 343 52 22 +41 (0)22 591 22 65
actionnaire@tradition.ch jeremy.nieckowski@voxia.ch
CFT_Press release:
http://hugin.info/133362/R/1864985/654689.pdf
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Compagnie Financière Tradition via GlobeNewswire
[HUG#1864985]
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Unternehmensinformation / Kurzprofil:
Datum: 23.10.2014 - 06:31 Uhr
Sprache: Deutsch
News-ID 1125282
Anzahl Zeichen: 3336
Kontakt-Informationen:
Stadt:
Lausanne
Kategorie:
Wirtschaft (allg.)
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