Compagnie Financière Tradition Revenue Growth Continues

Compagnie Financière Tradition SA has reported a positive trend in revenue growth for Q1 2024. At constant exchange rates, the company's revenue reached CHF 283.8m, representing a 4.6% increase compared to the same period in 2023. This growth was impacted by the number of working days and currency effects.

Over the first four months of the year, the company saw an additional 9.0% increase in revenue, bringing the total to CHF 1.15bn. The company's interdealer broking business remains a key driver of its revenue growth, with activity tied to various financial and commodity-related products.