Compagnie Financière Tradition : Reported revenue in Q1 2014

Compagnie Financière Tradition / Compagnie Financière Tradition : Reported revenue in Q1 2014 . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

                              

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 adjusted1) 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
Compagnie Financière Tradition SA
+41 (0)21 343 52 22
actionnaire@tradition.ch Jérémy Nieckowski
Voxia communication

+41 (0)22 591 22 65
jeremy.nieckowski@voxia.ch   CFT_Press release_ Q1 2014


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Source: Compagnie Financière Tradition via Globenewswire
HUG#1779430

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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;