Compagnie Financière Tradition Registers 19.4% YoY Jump in Consolidated Adjusted Revenue for Q3 2022

Compagnie Financière Tradition activity grew strongly during the third quarter 2022 with reported consolidated revenue of CHF 232.4m compared with CHF 202.6m in 2021, representing an increase of 19.2% at constant exchange rates (an increase of 14.7% at current exchange rates).

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For the same period, the Group's consolidated adjusted revenue was CHF 252.6m compared with CHF 220.5m in 2021, up 19.4% at constant exchange rates with the adjusted revenue from interdealer broking business (IDB) up 19.4% and the forex trading business for retail investors in Japan (Non-IDB) up 19.2%. At current exchange rates, consolidated adjusted revenue would increase by 14.5%, with IDB up 15.1% and Non-IDB down 0.3% due to the weakening of the Japanese currency.

Over the first nine months of the year, reported consolidated revenue was CHF 716.3m compared with CHF 654.6m in the same period in 2021, up 11.1% at constant exchange rates (an increase of 9.4% at current exchange rates). The Group’s consolidated adjusted revenue was CHF 777.7m against CHF 711.5m in 2021, up 11.3% at constant exchange rates with IDB up 11.0% and Non-IDB up 18.0%. At current exchange rates, consolidated adjusted revenue would increase by 9.3%, with IDB up 9.5% and Non-IDB up 4.7% respectively.