Tradition’s adjusted revenue up 9.1% YoY in Q1 2018

Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT)’s activity grew in the first quarter with reported consolidated revenue of CHF 229.6m compared with CHF 213.4m in same period in 2017, up 7.8% in constant currencies.

At current exchange rates, consolidated revenue presented an increase of 7.6%.

For the same period, the Group’s consolidated adjusted revenue was CHF 250.9m, compared with CHF 230.4m in 2017, an increase of 9.1% at constant exchange rates.

The adjusted revenue from interdealer broking business (IDB) was up 8.6% in constant currencies while the forex trading business for retail investors in Japan (Non-IDB) presented an increase of 24.4%.

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Tradition's adjusted revenue up 9.1% YoY in Q1 2018


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