Compagnie Financière Tradition 2015 Operating Profit Up 45% YoY
Posted: Thu Mar 10, 2016 6:37 am
The Switzerland-headquartered multi-asset interdealer broker Compagnie Financière Tradition SA, listed on the Swiss SIX under ticker CFT, and known under the Tradition brand, has today reported 2015 results which included an increase in operating profit by 45% year-over-year, and follows after the company reported certain figures for 2015 this January.
Despite revenues dipping to CHF 814.5 million for 2015 and down 1.7% from CHF 837.5m in the previous year (on a constant currency basis), the company managed to realize a 45.5% higher operating profit of CHF 59.1m when compared to CHF 41.2 in the prior period, thanks to cost ... (read more)