Compagnie Financière Tradition : Consolidated revenue at 30 September 2011:CHF 821.3m
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Compagnie Financière Tradition : Consolidated revenue at 30 September 2011:CHF
821.3m
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Compagnie Financière Tradition SA
Press release
Consolidated revenue at 30 September 2011:
CHF 821.3m
Compagnie Financière Tradition reported consolidated revenue for the first nine
months of the year of CHF 821.3m, against CHF 937.4 in the equivalent period in
2010, a decrease of 12.4% in current currencies. Consolidated revenue, strongly
affected by the strenght of the Swiss francs, was up 1.7% in constant
currencies.
These figures also reflect the lower volume of activity at the Group's Japanese
retail business, Gaitame.com, a forex trading platform for private investors.
Consolidated revenue from this activity for the period ended 30 September 2011
fell 53.7% in constant currencies to CHF 21.5m. While the consolidated revenue
of this subsidiary in the 3rd quarter of 2011 was down 23.2% compared with Q3
2010, it was up 11.5% on the 2nd quarter of this year.
Consolidated revenue from IDB activities of CHF 799.8m was up 5.1% in constant
currencies, benefiting from the development of the Group's activities in Asia,
which grew 17.0% in constant currencies.
In the 3rd quarter of 2011, consolidated revenue of CHF 261.7m was up 11.6% in
constant currencies compared with the same period last year.
The United Kingdom and the Americas are still the Group's major areas of
activity, contributing 36.5% and 28.3% of revenue respectively, against 36.0%
and 29.8% in 2010. Asia accounted for 25.2% of consolidated revenue against
24.9% in 2010, while Continental Europe generated 10.0% compared with 9.3% at
30 September 2010.
With a presence in 27 countries, Compagnie Financière Tradition SA is one of the
world's leading interdealer brokers (IDB). The Group 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 (CFT) is listed on the SIX Swiss Exchange. To
find out more about our Group please visit our website at www.tradition.com.
Lausanne, 27 October 2011
Press contacts:
Compagnie Financière Tradition SA Rochat & Partners
Patrick Combes, President Philippe Dunant
Tel.: +41 21 343 52 87 Tel. : +41 22 718 37 42
--- End of Message ---
Compagnie Financière Tradition
Langallerie 11 Lausanne Switzerland
WKN: 870121;ISIN: CH0014345117;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
Press release:
http://hugin.info/133362/R/1558410/481476.pdf
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Source: Compagnie Financière Tradition via Thomson Reuters ONE
[HUG#1558410]
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2011 - 07:25 Uhr
Sprache: Deutsch
News-ID 80756
Anzahl Zeichen: 4186
contact information:
Town:
Lausanne
Kategorie:
Business News
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