Revenue Growth of 10.4% at Constant Exchange Rates in the First Falf of 2026, Reaching CHF 646.2 Million

Rhea-AI Summary

Compagnie Financière Tradition (OTC:CFNCF) reported first-half 2026 consolidated revenue including its share of joint ventures of CHF 646.2 million, up 10.4% at constant exchange rates and 2.2% at current rates versus 2025. Reported IFRS revenue reached CHF 597.8 million, an increase of 11.0% at constant exchange rates and 3.1% at current exchange rates.

The interdealer broking (IDB) business generated CHF 623.3 million, rising 10.4% at constant rates, while retail investor (Non‑IDB) revenue was CHF 22.9 million, up 8.9% at constant rates but down 6.7% at current rates. Second‑quarter 2026 revenue including joint ventures was CHF 306.5 million, down 1.1% at current rates but up 3.6% at constant rates. According to the company, growth slowed in Q2 after strong Q1 activity linked to geopolitical tensions, and the stronger Swiss franc significantly reduced reported revenue versus constant‑currency figures, though July activity remained in line with the first‑half trend.

Positive

• H1 2026 revenue incl. JVs CHF 646.2m, +10.4% at constant FX
• H1 2026 reported IFRS revenue CHF 597.8m, +11.0% at constant FX
• H1 2026 IDB revenue CHF 623.3m, +10.4% at constant exchange rates
• H1 2026 Non‑IDB revenue +8.9% at constant exchange rates
• Q2 2026 revenue incl. JVs +3.6% at constant exchange rates
• July 2026 activity continued first‑half momentum, per company

Negative

• H1 2026 revenue incl. JVs only +2.2% at current exchange rates
• Swiss franc appreciation had a significant negative impact on reported revenue
• Q2 2026 revenue incl. JVs CHF 306.5m, -1.1% at current FX
• H1 2026 Non‑IDB revenue CHF 22.9m, -6.7% at current exchange rates
• Q2 2026 Non‑IDB revenue CHF 10.8m, -9.9% at current exchange rates

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Ad hoc announcement pursuant to Art. 53 LR
Download PDF - EN

Lausanne, Switzerland--(Newsfile Corp. - August 6, 2026) - Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules

Compagnie Financière Tradition SA continued its growth in the first half of 2026, building on the positive trajectory observed in previous years. Consolidated revenue, including the share of joint ventures, increased by 10.4% at constant exchange rates (+2.2% at current exchange rates) over the period.

Following strong growth in the first quarter amid heightened geopolitical tensions, particularly in the Middle East, growth in the second quarter stood at 3.6% at constant exchange rates (-1.1% at current exchange rates). This performance should be considered in light of a demanding comparison base, as April 2025 was marked by a notably high level of activity, supported by strong market volatility following the US tariff announcements made at the beginning of that month.

Business activity recorded in July continued the momentum observed during the first half of the year.

The appreciation of the Swiss franc against most currencies, particularly against the US dollar and the Japanese yen, had a significant impact on reported revenue in Swiss francs compared with revenue calculated at constant exchange rates.

The revenue breakdown is as follows:

Revenue for the first semester:

CHF million	2026	2025	Variation at current exchange rates	Variation at constant exchange rates
Reported revenue (IFRS)	597.8	580.1	+3.1%	+11.0%
Revenue including share of joint ventures1)	646.2	632.1	+2.2%	+10.4%
Interdealer broking business (IDB)	623.3	607.6	+2.6%	+10.4%
Retail investors (Non-IDB)	22.9	24.5	-6.7%	+8.9%

 

Revenue for the second quarter:

CHF million	2026	2025	Variation at current exchange rates	Variation at constant exchange rates
Reported revenue (IFRS)	283.6	285.4	-0.6%	+3.8%
Revenue including share of joint ventures1)	306.5	310.1	-1.1%	+3.6%
Interdealer broking business (IDB)	295.7	298.1	-0.8%	+3.6%
Retail investors (Non-IDB)	10.8	12.0	-9.9%	+3.6%

 

 

1. Proportionate consolidation method for joint ventures

ABOUT COMPAGNIE FINANCIERE TRADITION SA

Compagnie Financière Tradition SA is one of the world's largest interdealer brokers in financial and commodity related products. Represented in over 30 countries, Compagnie Financière Tradition SA employs more than 2,500 people globally and provides broking and data services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financière Tradition SA (CFT) is listed on the SIX Swiss Exchange.

For more information, please visit www.tradition.com.

MEDIA CONTACTS
Patrick Combes, Président
Compagnie Financière Tradition SA
+41 (0)21 343 52 87
actionnaire@tradition.ch

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308342

FAQ

How did Compagnie Financière Tradition (CFNCF) perform in the first half of 2026?

Compagnie Financière Tradition grew first-half 2026 revenue including joint ventures to CHF 646.2 million, up 10.4% at constant exchange rates. According to the company, reported IFRS revenue reached CHF 597.8 million, rising 11.0% at constant exchange rates versus the first half of 2025.

What was Compagnie Financière Tradition (CFNCF) Q2 2026 revenue growth?

In Q2 2026, revenue including joint ventures was CHF 306.5 million, down 1.1% at current exchange rates but up 3.6% at constant rates. According to Compagnie Financière Tradition, reported IFRS revenue declined 0.6% at current exchange rates in the quarter.

How did currency movements affect CFNCF’s 2026 first-half results?

Currency movements significantly reduced reported growth, as the Swiss franc appreciated against major currencies. According to Compagnie Financière Tradition, H1 2026 revenue including joint ventures rose 10.4% at constant exchange rates but only 2.2% at current exchange rates when translated into Swiss francs.

What were Compagnie Financière Tradition’s IDB and Non-IDB revenues in H1 2026?

In H1 2026, interdealer broking (IDB) revenue was CHF 623.3 million, up 10.4% at constant exchange rates. According to the company, retail investor (Non‑IDB) revenue reached CHF 22.9 million, growing 8.9% at constant rates but falling 6.7% at current rates.

Why did CFNCF’s revenue growth slow in Q2 2026 compared with Q1?

Revenue growth slowed in Q2 2026 after strong Q1 activity linked to geopolitical tensions, particularly in the Middle East. According to Compagnie Financière Tradition, the comparison was demanding because April 2025 saw exceptionally high activity following US tariff announcements.

What does the July 2026 trading update imply for Compagnie Financière Tradition investors?

Business activity in July 2026 continued the momentum seen in the first half of the year. According to Compagnie Financière Tradition, this indicates ongoing demand conditions similar to H1, though no specific revenue figures or forward guidance were disclosed for July.