Compagnie Financiere Tradition: Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m

Compagnie Financiere Tradition / Compagnie Financiere Tradition: Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Press Release Lausanne, 22 July 2016  Group activity stabilizing in H1 2016 with reported revenue of CHF 425.2m Q2 reported revenue up 2.2% in constant currencies The Group reported first-half consolidated revenue of CHF 425.2m, compared with CHF 426.6m in the same period in 2015, a decrease of 0.3% at current exchange rates or 1.6% in constant currencies. For the same period, the Group's consolidated adjusted1) revenue was CHF 460.0m compared with CHF 457.2m in 2015, representing an increase of 0.6% at current exchange rates. In constant currencies, the adjusted revenue decreased by 1.0%. The adjusted revenue from interdealer broking business (IDB) was down 2.3% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) was up 48.1%. In the second quarter, consolidated revenue was CHF 205.8m compared with CHF 199.3m in the second quarter 2015, representing an increase of 2.2% in constant currencies. The Group's consolidated adjusted1) revenue was CHF 223.6m against CHF 214.1m in 2015, up 2.8% in constant currencies with IDB up 1.4% and Non-IDB up 50.0%.     1) with proportionate consolidation method for joint ventures ("Adjusted")
About TRADITION
Compagnie Financiere 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 Financiere Tradition SA employs 2,175 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 Financiere Tradition SA (CFT) is listed on the SIX Swiss Exchange For more information, please visit www.tradition.com (http://www.tradition.com/).
MEDIA CONTACTS
Patrick Combes, President  Compagnie Financiere Tradition SA  [phone]  [e-mail] (mailto:[e-mail])	Jeremy Nieckowski Voxia communication [phone] [e-mail] (mailto:[e-mail])

CFT_Press release (http://hugin.info/133362/R/2030057/755026.pdf)

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Source: Compagnie Financiere Tradition via Globenewswire

HUG#2030057

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Compagnie Financiere Tradition
Langallerie 11 Lausanne Switzerland

WKN: 870121;ISIN: CH0014345117;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;