Compagnie Financière Tradition Sees 41.9% Uptick in Operating Profit in H1 2023*
Moving forward, Compagnie Financière Tradition aims to continue its organic growth strategy. The company will also keep an eye out for external growth opportunities. Emphasizing “the quality of its balance sheet and cost discipline,” the firm plans to invest in its hybrid broking capabilities and data analytics activities, backed by its in-house data science expertise.
Compagnie Financière Tradition: First semester 2023, Growth in adjusted revenue to CHF 552.4m, up 11.8%*
Compagnie Financière Tradition continued to grow in the first semester 2023 with consolidated adjusted revenue up 11.8% for the period at constant exchange rates, driven by its strategy of organic growth.
Against this backdrop, Compagnie Financière Tradition reported consolidated revenue of CHF 513.3m in the first semester 2023 compared with CHF 483.9m in same period in 2022, up 6.1% at current exchange rates. At constant exchange rates, consolidated revenue presented an increase of 12.5%.
Compagnie Financière Tradition continued to grow in the first semester 2023 with consolidated adjusted revenue up 11.8%
Against this backdrop, Compagnie Financière Tradition reported consolidated revenue of CHF 513.3m
in the first semester 2023 compared with CHF 483.9m in same period in 2022, up 6.1% at current
exchange rates. At constant exchange rates, consolidated revenue presented an increase of 12.5%.
Compagnie Financière Tradition Net profit Group share up 40.3% to CHF 89.1m in 2022
A shift in central bank monetary policy, away from quantitative easing and towards rate hikes, benefited the Group’s operations. This positive trend was reflected across all regions and products, particularly in foreign exchange and interest rate products and securities and security derivatives. With the easing of Covid-19 measures, the gradual transition back to the office across the trading floors also benefited our activities, and generally enabled the financial markets to function more efficiently.
Compagnie Financière Tradition Reports Adjusted Operating Profit
ParFX's parent company, Compagnie Financière Tradition, has announced its financial results for the last year.
Compagnie Financière Tradition Reports Jump in Net Profit Group Share*
Compagnie Financière Tradition reported a net profit group share of CHF 70.9 million during the last year, which is up 24.4% at constant exchange rates compared to 2019.
Compagnie Financière Tradition Reports Jump in Net Profit Group Share
ParFX's parent company, Compagnie Financière Tradition, has announced its financial results for the last year.
TradeTech FX Europe
ParFX attended the rescheduled TradeTech FX Europe in Amsterdam.
Profit & Loss Chicago
ParFX participated in the Virtual Profit & Loss Chicago Networking event.
Profit & Loss London
ParFX participated in Profit & Loss London, which was a WEBEX Online Event.