Compagnie Financière Tradition : Revenue in Q1 2012: CHF 282.9m
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Compagnie Financière Tradition : Revenue in Q1 2012: CHF 282.9m
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Revenue in Q1 2012:
CHF 282.9m
Compagnie Financière Tradition reported first-quarter consolidated revenue of
CHF 282.9m, compared with CHF 302.7m in the equivalent period in 2011, a decline
of 6.5% in current currencies or 3.9% at constant exchange rates. Interdealer
broking (IDB) revenue declined 4.6% in constant currency terms.
The level of activity was higher than in the fourth quarter 2011, with
consolidated revenue up 13.4% at constant exchange rates, whilst interdealer
broking (IDB) revenue rose 13.6%. Revenue from the Group's retail business in
Japan grew 4.6%.
The United Kingdom and the Americas are still the Group's major areas of
activity, contributing 33.5% and 28.4% of revenue respectively, against 36.1%
and 29.5% in 2011. Asia-Pacific accounted for 26.6% of revenue in the first
quarter of 2012 against 24.2% in 2011 whilst Continental Europe accounted for
11.5% against 10.2% in the equivalent period in 2011.
With a presence in 27 countries, Compagnie Financière Tradition SA is one of
the world's leading interdealer brokers (IDB). The Group 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 (CFT) is listed on the SIX Swiss Exchange. To
find out more about our Group please visit our website at www.tradition.com.
Lausanne, 25 April 2012
Press contacts:
Compagnie Financière Tradition SA Rochat & Partners
Patrick Combes, President Philippe Dunant
Tel.: +41 21 343 52 87 Tel.:
+41 22 718 37 42
Press release:
http://hugin.info/133362/R/1605623/508549.pdf
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Source: Compagnie Financière Tradition via Thomson Reuters ONE
[HUG#1605623]
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Datum: 25.04.2012 - 01:26 Uhr
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