PRESS RELEASE 
   Lausanne, 
    29 January 
    2021 
 
 
   Adjusted revenue of CHF 981.3m in 2020, growth of 2.4% at constant 
exchange rates 
 
   Compagnie Financière Tradition activity grew in the year, up 3.4% 
at constant exchange rates. At current exchange rates, reported 
consolidated revenue was CHF 903.1m compared with CHF 924.1m in 2019, 
down 2.3%. 
 
   For the same period, the Group's consolidated adjusted(1) revenue was 
CHF 981.3m, compared with CHF 1,012.5m in 2019, nonetheless increasing 
by 2.4% at constant exchange rates with the interdealer broking business 
(IDB) up 2.6% at constant exchange rates while the forex trading 
business for retail investors in Japan (Non-IDB) was down 3.0%. 
 
   In the fourth quarter, reported consolidated revenue was CHF 204.6m 
compared with CHF 219.0m in the fourth quarter 2019, however up 0.6% at 
constant exchange rates. While the US elections did not generate 
additional volatility, we saw an increase in activity over the months of 
November and December. The Group's consolidated adjusted revenue was CHF 
220.9m against CHF 238.1m in 2019, down 0.2% at constant exchange rates 
with IDB flat and Non-IDB down 3.9%. 
 
   1)       Proportionate consolidation method for joint ventures 
("Adjusted") 
 
   Compagnie Financière Tradition SA is one of the world's largest 
interdealer brokers in over-the-counter financial and commodity related 
products. Represented in over 30 countries, Compagnie Financière 
Tradition SA employs more than 2,300 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 Financière Tradition SA (CFT) is listed 
on the SIX Swiss Exchange. 
 
   For more information, please visit 
https://www.globenewswire.com/Tracker?data=A45Ssp92cHPSf7dBqd8hEW7baTKjeNxG9XUYRUTi0TOxKKLBK-xLd03tg4RLFzeCzLZvXQx_VBkLQd3Arir1AucupGU-yh_c9CxRuz3EdG0= 
www.tradition.com. 
 
 
 
 
 
 
 
      Patrick Combes, President                     Rohan Sant 
 Compagnie Financière Tradition 
                  SA                           Voxia communication 
                 +41 (0)21 343 52 87                     +41 (0)22 591 22 63 
 mailto:actionnaire@tradition.ch      mailto:rohan.sant@voxia.ch 
  actionnaire@tradition.ch            rohan.sant@voxia.ch 
 
 
 
 
 
 
 
 
 
 
   Anhang 
 
 
   -- CFT - Communiqué du chiffre d'affaires FY 2020 - EN_VF 
      https://ml-eu.globenewswire.com/Resource/Download/a1e7f421-8f2a-41cf-a24c-462662bcc69e

(END) Dow Jones Newswires

January 29, 2021 01:00 ET (06:00 GMT)