24.04.2014 07:04:33
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Thomson Reuters ONE/Compagnie Financière Tradition : Reported revenue in Q1 2014
Compagnie Financière Tradition / Compagnie Financière Tradition : Reported revenue in Q1 2014 . Verarbeitet und übermittelt durch Nasdaq OMX Corporate Solutions. Für den Inhalt der Mitteilung ist der Emittent verantwortlich. Source: Globenewswire
Reported revenue in Q1 2014 :
CHF 221.6m, down 2.8% in constant currencies
Compagnie Financière Tradition reported first-quarter consolidated revenue of CHF 221.6m, compared with CHF 235.3m in same period in 2013, a decline of 5.8% at current exchange rates or 2.8% in constant currencies.
For the same period, the Group's consolidated adjusted(1) revenue was CHF 236.4m, compared with CHF 252.6m in 2013, a decline of 3.3% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was down 2.7% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was down 24.9%.
(1) with proportionate consolidation method for joint ventures in line with the Group management reports ("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 28 countries, Compagnie Financière Tradition SA employs 2,250 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 Jérémy 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_ Q1 2014: http://hugin.info/133362/R/1779431/608061.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#1779431
--- Ende der Mitteilung ---
Compagnie Financière Tradition
Langallerie 11 Lausanne Schweiz
WKN: 870121;ISIN: CH0014345117;
Notiert: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
http://www.traditiongroup.com (END) Dow Jones Newswires
April 24, 2014 00:31 ET (04:31 GMT)- - 12 31 AM EDT 04-24-14
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