22.04.2016 07:01:45
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Press Release: Compagnie Financière Tradition - Reported revenue in Q1 2016 : CHF 219.5m
Compagnie Financière Tradition / Compagnie Financière Tradition - Reported revenue in Q1 2016 : CHF 219.5m . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Press Release Lausanne, 22 April 2016 Reported revenue in Q1 2016 : CHF 219.5m Compagnie Financière Tradition reported first-quarter consolidated revenue of CHF 219.5m compared with CHF 227.3m in same period in 2015, a decrease of 3.4% at current exchange rates or 4.9% in constant currencies. For the same period, the Group's consolidated adjusted(1) revenue was CHF 236.4m compared with CHF 243.1m in 2015, a decrease of 2.8% at current exchange rates (-4.4% in constant currencies). The adjusted revenue from interdealer broking business (IDB) was down 4.1% at current exchange rates (-5.6% in constant currencies) while the forex trading business for retail investors in Japan (Non-IDB) was up 57.4% at current exchange rates (+45.8% in constant currencies). (1) with proportionate consolidation method for joint ventures ("Adjusted")
About Compagnie Financiere Tradition SA
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 2,175 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 http://www.tradition.com/ 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_Revenue Q1 2016: http://hugin.info/133362/R/2005787/740994.pdf
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Compagnie Financière Tradition via Globenewswire
HUG#2005787
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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;
http://www.traditiongroup.com (END) Dow Jones Newswires
April 22, 2016 00:31 ET (04:31 GMT)- - 12 31 AM EDT 04-22-16
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