Compagnie Financière Tradition today reported its financial results for 2025, with the performance affected by complex macroeconomic environment.

The Group was able to capitalize on these market conditions while continuing its organic growth strategy.

Thus, Compagnie Financière Tradition continued its growth in 2025 with consolidated revenue, including the share of joint ventures, of CHF 1,203.6m against CHF 1,132.8m in 2024, an increase of 11.4% at constant exchange rates. The reported performance was limited by the strengthening of the Swiss franc during the year, particularly against the U.S. dollar and the Japanese yen.

Revenue from interdealer broking business (IDB) was up 11.2% at constant exchange rates to CHF 1,164.0m, while revenue from the online Forex trading business for retail investors in Japan (Non-IDB), was ahead 18.8% to CHF 39.6m.

The operating profit before depreciation and amortization (EBITDA) including the share of joint ventures reached CHF 209.9m increasing 24.6% for a margin of 17.4% (2024: CHF 176.5m, margin 15.6%). The operating profit, also including the share of joint ventures, was CHF 187.4m against CHF 152.4m in 2024, up 28.9% at constant exchange rates, with an operating margin of 15.6% and 13.4% respectively.

Reported operating profit for the year was CHF 161.5m against CHF 125.4m in 2024, an increase of 35.0% at constant exchange rates with an operating margin of 14.5% compared with 11.9% in 2024.

In 2025, the Group reported a net financial expense of CHF 7.2m, whereas it had reported a net financial income of CHF 2.7m in 2024. Foreign exchange effects related to currency fluctuations resulted in a net loss of CHF 7.1m for the year, compared with a loss of CHF 0.5m the previous year.

Moreover, the reduction in interest rates, combined with the Group’s early refinancing, led to a decrease in net interest result from the cash investment income less the Group’s financing charges, down to CHF 2.0m compared to CHF 5.0m in 2024.

The share of profit of associates and joint ventures amounts to CHF 28.8m, an increase of 19.1% at constant exchange rates, including a net after-tax gain of CHF 5.9m related to the disposal of a subsidiary of Gaitame.com (2024: CHF 25.4m).

Consolidated net profit was CHF 142.7m compared with CHF 123.3m in 2024. The net profit Group share amounts to CHF 134.2m against CHF 115.6m in 2024, an increase of 22.2% at constant exchange rates. Basic earnings per share rose by 16.3% at current exchange rates to reach CHF 17.55m against CHF 15.09m in 2024.

Compagnie Financière Tradition’s activity since the beginning of 2026 is up compared with the same period last year, at constant exchange rates, confirming the positive trend seen over recent financial years. The Group operates at the heart of global financial markets, where its brokerage business remains closely linked to market conditions, to its clients’ risk management strategies and to the level of flows generated by portfolio adjustments in a changing environment.

In this context, Compagnie Financière Tradition intends to build on its strategic positioning and the depth of its expertise to support its clients in a complex and differentiated market environment. The priority remains the pursuit of growth primarily through organic development, in particular through targeted recruitment aimed at expanding its product offering across the different geographic regions.

At the same time, disciplined investments in the digitalisation of hybrid brokerage activities, as well as in data and analytics capabilities supported by the Group’s data science expertise, will be maintained.

The continued strengthening of balance sheet quality, rigorous cost management and the maintenance of a high return on equity will remain key strategic priorities, ensuring the Group’s long-term resilience and competitiveness.