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Compagnie Financière Tradition : Consolidated revenue of CHF 1,017.5m in 2012
Compagnie Financière Tradition : Consolidated revenue of CHF 1,017.5m in 2012
24 januari 2013
Compagnie Financière Tradition / Compagnie Financière Tradition : Consolidated revenue of CHF 1,017.5m in 2012 . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement. Press release Compagnie Financière Tradition SA reported consolidated revenue of CHF 1,017.5m at 31 December 2012 compared with CHF 1,069.2m for the same period in 2011, a decline of 4.8% at current exchange rates or 8.8% in constant currencies. Activity levels in the second half of the year were weaker compared with the equivalent period in 2011, with consolidated revenue down 14.3% in constant currencies. Consolidated turnover in the fourth quarter of 2012 was down 10.4% from the equivalent quarter of 2011 at constant exchange rates. The UK and the Americas are still the Group's main business regions, contributing 35.4% and 28.6% of revenue respectively, against 36.0% and 28.3% at 31 December 2011. Asia accounted for 26.5% of revenue compared with 25.3% in 2011, while Continental Europe generated9.5% compared with 10.4% in the same period in 2011. Since the beginning of 2013 the Group's consolidated revenue has remained stable compared with the same period last year. With a presence in 28 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, 24 January 2013 Press contacts: Compagnie Financière Tradition SA European Investor Relations Patrick Combes, President                  Jérémy Nieckowski Tel.: +41 21 343 52 87                         Tel.: +41 79 949 36 82 CFT_Press release: http://hugin.info/133362/R/1672593/544041.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#1672593]
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