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22.01.2016 06:30:38
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Compagnie Financière Tradition : Reported revenue in 2015 : CHF 814.5m, down 1.7% in constant currencies
Compagnie Financière Tradition / Compagnie Financière Tradition : Reported revenue in 2015 : CHF 814.5m, down 1.7% in constant currencies . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
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Press Release Lausanne, 22 January 2016 Reported revenue in 2015 : CHF 814.5m, down 1.7% in constant currencies Net result for the year expected higher For the year 2015, consolidated revenue was CHF 814.5m compared with CHF 837.5m in 2014, a decrease of 2.7% at current exchange rates or 1.7% in constant currencies. For the whole year, the Group's consolidated adjusted1) revenue was CHF 873.8m compared with CHF 894.5m in 2014, a decrease of 1.1% at constant exchange rates. The adjusted revenue from interdealer broking business (IDB) was down 2.3% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was up 57.5%. In the second half of the year consolidated adjusted revenue was down 4.4% in constant currencies compared with the equivalent period in 2014. Activity levels in the fourth quarter 2015 were weaker with reported consolidated revenue of CHF 190.7m, down 9.9% in constant currencies from the equivalent quarter last year. The Group's consolidated adjusted revenue was CHF 204.5m, down 9.9% at constant exchange rates with IDB down 10.7% and Non-IDB up 24.2%. The Group's net result is however expected to be higher than last year, following on from the results published at end of June 2015. 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 | |
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Patrick Combes, President Compagnie Financière Tradition SA +41 (0)21 343 52 22 actionnaire@tradition.ch |
Jeremy Nieckowski Voxia communication +41 (0)22 591 22 65 jeremy.nieckowski@voxia.ch |
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
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#1980564
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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;
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