Compagnie Financière Tradition: Growth in adjusted revenue by 6.6% in the 3rd
quarter to CHF 220.5m Ad hoc announcement pursuant
to Article 53 of the Six Exchange
Regulation Listing Rules Lausanne, 29 October 2021
Growth in adjusted revenue by 6.6% in the 3rd quarter
to CHF 220.5m
In the context of normalization of activity and after a decrease in the first
semester 2021 compared to the exceptional volumes observed in the early stages
of the health crisis, activity in the third quarter was up compared to the same
period last year.
Thus, Compagnie Financière Tradition reported consolidated revenue of CHF
202.6m compared with CHF 185.7m in 2020, representing an increase of 6.5% at
constant exchange rates. For the same period, the Group’s consolidated adjusted
1) revenue was CHF 220.5m, compared with CHF 202.4m in 2020, up 6.6% at
constant exchange rates with IDB up 6.3% and Non-IDB up 14.3% respectively. At
current exchange rates, consolidated revenue would increase by 9.0%, of which
8.9% and 10.9% for the IDB and Non-IDB respectively.
Over the first nine months of the year, reported consolidated revenue was CHF
654.6m compared with CHF 698.5m in the same period in 2020, down 5.4% at
constant exchange rates. The Group’s consolidated adjusted revenue was CHF
711.5m against CHF 760.4m in 2020, down 5.4% at constant exchange rates with
interdealer broking business (IDB) down 5.4% and the forex trading business for
retail investors in Japan (Non-IDB) down 6.3%.
1) Proportionate consolidation method for joint ventures ('Adjusted')
Compagnie Financière Tradition SA is one of the world's largest interdealer
brokers in over-the-counter financial and commodity related products.
Represented in over 30 countries, Compagnie Financière Tradition SA employs
more than 2,300 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
Patrick Combes, President Rohan Sant Compagnie Financière Tradition SA Voxia
communication +41 (0)21 343 52 87 +41 (0)22 591 22 63 email@example.com
Anhang CFT - Ad hoc announcement pursuant to Art. 53 LR - Communiqué du
chiffre d'affaires Q3 2021 - EN_VF