Revenue Q3 2024
Lausanne, Switzerland--(Newsfile Corp. - November 7, 2024) - Ad hoc announcement pursuant to Art. 53 LR
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Ad hoc announcement pursuant to Article 53 of the Six Exchange Regulation Listing Rules
Growth in revenue1) of 16.2% in the 3rd quarter at constant exchange rates;
Growth in activity for the first nine months of 2024 with revenue1) of CHF 849.3m, up 11.3% at constant exchange rates
Compagnie Financière Tradition activity continued to grow strongly during the third quarter 2024 with consolidated revenue, including share of joint ventures, up 16.2% at constant exchange rates to CHF 272.3m compared with CHF 241.1m in 2023. For the first nine months of the year, Compagnie Financière Tradition reported consolidated revenue, including share of joint ventures, of CHF 849.3m compared with CHF 793.5m in the same period in 2023, up 11.3% at constant exchange rates. Details are as follows:
Revenue for the 3rd quarter:
CHFm |
2024 |
2023 |
Variation at current exchange rates |
Variation at constant exchange rates |
Reported revenue (IFRS) |
251.1 |
225.0 |
+11.6% |
+14.9% |
Revenue including share of joint ventures1) |
272.3 |
241.1 |
+12.9% |
+16.2% |
Interdealer broking business (IDB) |
262.4 |
234.8 |
+11.8% |
+15.0% |
Retail investors (Non-IDB) |
9.9 |
6.3 |
+55.4% |
+59.3% |