Compagnie Financière Tradition Consolidated revenue in 2011: CHF 1,069.2m
0
Compagnie Financière Tradition /
Compagnie Financière Tradition : Consolidated revenue in 2011: CHF 1,069.2m
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.
Compagnie Financière Tradition SA reported consolidated revenue of CHF 1,069.2m
for the year ended 31 December 2011 compared with CHF 1,210.4m for 2010, a
decrease of 11.7% in current currencies but an increase of 0.3% in constant
currencies due to the strength of the Swiss franc.
Consolidated revenue from interdealer broking (IDB) activities stood at CHF
1,040.4m during the period, a year on year increase of 2.6% in constant
currencies.
The level of activity was higher in the second half of 2011 compared with the
second half of 2010, with consolidated revenue up 3.8% in constant currencies
for the whole Group and up 4.0% in constant currencies for the IDB business.
In the fourth quarter of 2011, Group consolidated revenue was CHF 247.9m a
decrease of 3.8% in constant currencies compared with the same period last year
and a decrease of 9.2% in current currencies.
Revenue in the fourth quarter 2011 from IDB activities was down 5.0% in constant
currencies compared with the equivalent period in 2010.
The United Kingdom and the Americas were still the Group´s major areas of
activity in 2011, contributing 36.0% and 28.3% of revenue respectively, against
36.3% and 30.0% for the twelve months ended 31 December 2010. Asia accounted for
25.3% of consolidated revenue against 24.6% in 2010, while Continental Europe
generated 10.4% of Group revenue compared with 9.1% for 2010.
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, 26 January 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
--- End of Message ---
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;
Press release:
http://hugin.info/133362/R/1580152/493327.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Compagnie Financière Tradition via Thomson Reuters ONE
[HUG#1580152]
CH0014345117
