STOCK TITAN

Revenue Q4 2024

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Compagnie Financière Tradition reported strong financial results for 2024, with consolidated revenue, including joint ventures, reaching CHF 1,132.8 million, marking an 11.0% increase at constant exchange rates from CHF 1,053.9 million in 2023. The fourth quarter showed consistent growth of 11.0% at constant rates, reaching CHF 283.5 million compared to CHF 260.4 million in 2023.

The company's performance was driven by a dynamic macroeconomic environment, characterized by central bank monetary policy adjustments and geopolitical uncertainties. These factors led to increased market volatility and higher trading volumes across all regions and asset classes. The Interdealer broking (IDB) business generated CHF 1,097.8 million (+10.7%), while the Retail investors segment (Non-IDB) contributed CHF 35.0 million (+22.6%) at constant exchange rates.

Compagnie Financière Tradition ha riportato risultati finanziari solidi per il 2024, con ricavi consolidati, inclusi i joint venture, che hanno raggiunto CHF 1.132,8 milioni, segnando un aumento dell'11,0% a tassi di cambio costanti rispetto ai CHF 1.053,9 milioni del 2023. Il quarto trimestre ha mostrato una crescita costante dell'11,0% a tassi costanti, raggiungendo CHF 283,5 milioni rispetto ai CHF 260,4 milioni del 2023.

Le prestazioni dell'azienda sono state guidate da un ambiente macroeconomico dinamico, caratterizzato da aggiustamenti nella politica monetaria delle banche centrali e incertezze geopolitiche. Questi fattori hanno portato a una maggiore volatilità del mercato e a un aumento dei volumi di scambio in tutte le regioni e classi di attivi. L'attività di intermediazione interbancaria (IDB) ha generato CHF 1.097,8 milioni (+10,7%), mentre il segmento degli investitori al dettaglio (Non-IDB) ha contribuito con CHF 35,0 milioni (+22,6%) a tassi di cambio costanti.

Compagnie Financière Tradition informó resultados financieros sólidos para 2024, con ingresos consolidados, incluyendo empresas conjuntas, alcanzando CHF 1.132,8 millones, lo que marca un aumento del 11,0% a tipos de cambio constantes desde CHF 1.053,9 millones en 2023. El cuarto trimestre mostró un crecimiento constante del 11,0% a tipos constantes, alcanzando CHF 283,5 millones en comparación con CHF 260,4 millones en 2023.

El rendimiento de la empresa se vio impulsado por un entorno macroeconómico dinámico, caracterizado por ajustes en la política monetaria de los bancos centrales y incertidumbres geopolíticas. Estos factores condujeron a una mayor volatilidad del mercado y a un aumento en los volúmenes de negociación en todas las regiones y clases de activos. El negocio de corretaje interdealer (IDB) generó CHF 1.097,8 millones (+10,7%), mientras que el segmento de inversores minoristas (No-IDB) contribuyó con CHF 35,0 millones (+22,6%) a tipos de cambio constantes.

Compagnie Financière Tradition는 2024년 강력한 재무 결과를 보고했으며, 공동 투자금을 포함한 총 수익이 CHF 1,132.8백만에 달하여 2023년의 CHF 1,053.9백만 대비 11.0% 증가했습니다. 4분기는 일정한 환율 기준으로 11.0%의 지속적인 성장을 보였으며, 2023년의 CHF 260.4백만에 비해 CHF 283.5백만에 도달했습니다.

회사의 성과는 중앙은행의 통화 정책 조정과 지정학적 불확실성으로 특징지어진 역동적인 거시 경제 환경에 의해 추진되었습니다. 이러한 요인들은 시장의 변동성을 증가시키고 모든 지역 및 자산 클래스에서 거래량을 높였습니다. 인터딜러 중개(IDB) 사업은 CHF 1,097.8백만(+10.7%)을 생성했으며, 소매 투자자 세그먼트(비-IDB)는 일정한 환율 기준으로 CHF 35.0백만(+22.6%)에 기여했습니다.

Compagnie Financière Tradition a annoncé de solides résultats financiers pour 2024, avec un chiffre d'affaires consolidé, y compris les co-entreprises, atteignant CHF 1.132,8 millions, marquant une augmentation de 11,0 % à taux de change constants par rapport à CHF 1.053,9 millions en 2023. Le quatrième trimestre a montré une croissance constante de 11,0 % à taux constants, atteignant CHF 283,5 millions par rapport à CHF 260,4 millions en 2023.

Les performances de l'entreprise ont été soutenues par un environnement macroéconomique dynamique, caractérisé par des ajustements de la politique monétaire des banques centrales et des incertitudes géopolitiques. Ces facteurs ont entraîné une volatilité accrue du marché et des volumes de transactions plus élevés dans toutes les régions et toutes les classes d'actifs. L'activité de courtage interbancaire (IDB) a généré CHF 1.097,8 millions (+10,7 %), tandis que le segment des investisseurs particuliers (Non-IDB) a contribué à hauteur de CHF 35,0 millions (+22,6 %) à taux de change constants.

Compagnie Financière Tradition meldete starke Finanzergebnisse für 2024, mit konsolidierten Einnahmen, inklusive Gemeinschaftsunternehmen, die CHF 1.132,8 Millionen erreichten, was einem Anstieg von 11,0 % zu konstanten Wechselkursen gegenüber CHF 1.053,9 Millionen im Jahr 2023 entspricht. Das vierte Quartal zeigte ein konstantes Wachstum von 11,0 % zu konstanten Sätzen und erreichte CHF 283,5 Millionen im Vergleich zu CHF 260,4 Millionen im Jahr 2023.

Die Leistung des Unternehmens wurde von einem dynamischen makroökonomischen Umfeld vorangetrieben, das von Anpassungen der Geldpolitik der Zentralbanken und geopolitischen Unsicherheiten geprägt war. Diese Faktoren führten zu erhöhten Marktvolatilitäten und höheren Handelsvolumina in allen Regionen und Vermögensklassen. Das Interdealer Brokerage (IDB) generierte CHF 1.097,8 Millionen (+10,7 %), während der Einzelhandelsinvestoren-Segment (Non-IDB) zu konstanten Wechselkursen CHF 35,0 Millionen (+22,6 %) beitrug.

Positive
  • Revenue growth of 11.0% at constant exchange rates in 2024
  • Strong Q4 2024 performance with 11.0% revenue growth
  • Retail investors segment showed significant growth of 22.6%
  • Increased trading volumes across all regions and asset classes
Negative
  • None.

Lausanne, Switzerland--(Newsfile Corp. - February 6, 2025) - Ad hoc announcement pursuant to Art. 53 LR

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10404/239880_figure1_550.jpg

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10404/239880_figure1.jpg

Download PDF - EN 

Revenue1) of CHF 1,132.8m in 2024,
up 11.0% at constant exchange rates;
Growth of 11.0% in the 4th quarter at constant exchange rates

In 2024, Compagnie Financière Tradition operated in a dynamic macroeconomic environment, marked by adjustments in the monetary policy of central banks in major global economies. These developments, along with persistent geopolitical uncertainties, contributed to volatility in financial markets, leading to an increase in trading volumes across all regions and asset classes, further driven by the Group’s organic growth.

As a result, Compagnie Financière Tradition continued its growth in 2024, reporting consolidated revenue, including its share of joint ventures, of CHF 1,132.8 million compared to CHF 1,053.9 million in 2023, reflecting an increase of 11.0% at constant exchange rates. In the fourth quarter, the Group recorded growth of 11.0% at constant exchange rates, reaching CHF 283.5 million, compared to CHF 260.4 million for the same period in 2023. The details are as follows:

Revenue for the financial year:

CHFm

2024

2023

Variation at current exchange rates

Variation at constant exchange rates

Reported revenue (IFRS)

1,051.6

982.4

+7.0%

+10.4%

Revenue including share of joint ventures1)

1,132.8

1,053.9

+7.5%

+11.0%

     Interdealer broking business (IDB)

1,097.8

1,022.5

+7.4%

+10.7%

     Retail investors (Non-IDB)

35.0

31.4

+11.5%

+22.6%

 

Revenue for the 4th quarter:

CHFm

2024

2023

Variation at current exchange rates

Variation at constant exchange rates

Reported revenue (IFRS)

263.4

244.1

+7.9%

+10.0%

Revenue including share of joint ventures1)

283.5

260.4

+8.9%

+11.0%

     Interdealer broking business (IDB)

275.2

253.8

+8.4%

+10.5%

     Retail investors (Non-IDB)

8.3

6.6

+27.3%

+30.7%

 

1)       Proportionate consolidation method for joint ventures

ABOUT COMPAGNIE FINANCIERE TRADITION SA

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 2,400 people globally and provides broking and data 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 www.tradition.com.

CONTACTS MEDIA
Patrick Combes, Président
Compagnie Financière Tradition SA
+41 (0)21 343 52 87
actionnaire@tradition.ch

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239880

FAQ

What was CFNCF's total revenue for 2024?

Compagnie Financière Tradition's consolidated revenue, including joint ventures, was CHF 1,132.8 million for 2024.

How much did CFNCF's revenue grow in Q4 2024?

CFNCF's revenue grew by 11.0% at constant exchange rates in Q4 2024, reaching CHF 283.5 million.

What was the performance of CFNCF's Retail investors segment in 2024?

The Retail investors (Non-IDB) segment grew by 22.6% at constant exchange rates, reaching CHF 35.0 million in 2024.

How did CFNCF's Interdealer broking business perform in 2024?

The Interdealer broking (IDB) business grew by 10.7% at constant exchange rates, reaching CHF 1,097.8 million in 2024.

What factors drove CFNCF's revenue growth in 2024?

Growth was driven by central bank monetary policy adjustments, geopolitical uncertainties leading to market volatility, and increased trading volumes across all regions and asset classes.

Cie Financiere

OTC:CFNCF

CFNCF Rankings

CFNCF Latest News

Nov 7, 2024
Revenue Q3 2024
Aug 30, 2024
Half-Year Results 2024

CFNCF Stock Data

1.27B
1.82M
73.5%
3.23%
Capital Markets
Financial Services
Link
Switzerland
Lausanne