CFT : H1 2017 reported revenue: CHF 411.4m
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Compagnie Financière Tradition /
CFT : H1 2017 reported revenue: CHF 411.4m
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Press Release
Lausanne, 25 July 2017
H1 2017 reported revenue: CHF 411.4m
The Group reported first-half consolidated revenue of CHF 411.4m, compared
with CHF 425.2m in the same period in 2016, a decrease of 0.6% at constant
exchange rates. In current currencies, the reported revenue remains impacted
by the weakness of pound sterling following the vote on Brexit, down 3.3%
compared to the same period last year.
For the same period, the Group's consolidated adjusted(1)) revenue was CHF
445.7m compared with CHF 460.0m in 2016, representing a decrease of 0.5% at
constant exchange rates. In current currencies, the adjusted revenue decreased
by 3.1%. The adjusted revenue from interdealer broking business (IDB) was up
0.8% in constant currencies while the forex trading business for retail
investors in Japan (Non-IDB) was down 28.6%.
In the second quarter, consolidated revenue was CHF 198.0m compared with CHF
205.8m in the second quarter 2016, representing a decrease of 0.8% in constant
currencies. The Group's consolidated adjusted(1)) revenue was CHF 215.3m
against CHF 223.6m in 2016, down 1.6% in constant currencies with IDB down
0.1% and Non-IDB down 32.1%.
1) with 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 2,150
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 Rohan Sant
Compagnie Financière Tradition SA Voxia communication
+41 (0)21 343 52 22 +41 (0)22 591 22 63
actionnaire(at)tradition.ch rohan.sant(at)voxia.ch
H1 2017 reported revenue:
http://hugin.info/133362/R/2122658/809426.pdf
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Source: Compagnie Financière Tradition via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 25.07.2017 - 06:30 Uhr
Sprache: Deutsch
News-ID 553665
Anzahl Zeichen: 3324
contact information:
Town:
Lausanne
Kategorie:
Business News
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