23.10.2015 11:33:45
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Press Release: Compagnie Financière Tradition: Reported revenue in third quarter 2015: CHF 197.2m, up 0.7% in constant currencies
Compagnie Financière Tradition / Compagnie Financière Tradition: Reported revenue in third quarter 2015: CHF 197.2m, up 0.7% in constant currencies . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
The Group reported consolidated revenue of CHF 197.2m in the third quarter 2015, up 0.7% in constant currencies from the equivalent quarter last year. The Group's consolidated adjusted(1) revenue was CHF 212.2m, up 1.2% at constant exchange rates with IDB down 0.5% and Non-IDB up 89.8%.
For the first nine months of the year, consolidated revenue was CHF 623.8m compared with CHF 623.3m in same period in 2014, an increase of 0.1% at current exchange rates or 1.0% in constant currencies.
For the same period, the Group's consolidated adjusted(1) revenue was CHF 669.3m compared with CHF 664.7m in 2014, an increase of 1.9% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was up 0.6% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was up 73.1%.
(1) with proportionate consolidation method for joint ventures in line with the Group management reports ("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 2,200 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_Q3 2015: http://hugin.info/133362/R/1961079/715044.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#1961079
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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
October 23, 2015 05:02 ET (09:02 GMT)- - 05 02 AM EDT 10-23-15
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