Compagnie Financière Tradition reports drop in profits in H1 2021
Compagnie Financière Tradition reported consolidated net profit of CHF 39.1 million in H1 2021, compared with CHF 51.5 million a year ago.
Compagnie Financière Tradition reported consolidated net profit of CHF 39.1 million in H1 2021, compared with CHF 51.5 million a year ago.
Compagnie Financière Tradition reported adjusted revenue of CHF 491 million, down 9.9% at constant exchange rates.
Compagnie Financière Tradition says the dividend consists of a cash payment of a gross amount of CHF 5.00 per bearer share.
Tradition proposes that the maximum aggregate compensation for its Executive Board for 2022 is CHF 17 million.
Interdealer broker Compagnie Financière Tradition registered net profit of CHF 70.9 million in 2020, up 24.4% from the prior year.
Interdealer broker Compagnie Financière Tradition posted adjusted revenue of CHF 981.3 million in 2020.
In the third quarter of 2020, Tradition’s reported consolidated revenue was CHF 185.7m compared with CHF 230.8m a year earlier.
For the full half-year 200, Compagnie Financière Tradition activity grew with revenue of CHF 512.8m compared with CHF 474.3m in same period in 2019.