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Turnover up 22.3% in 2008 (at constant exchange rates) - Profit before tax up 14.3% to CHF 190.2 million - Group share of net profit: CHF 85.5 million - Operating margin before exceptionals: 13.0%

Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
----------------------------------------------------------------------
--------------




CHF m (IFRS)
2008 * 2008 2007 Change
Consolidated turnover 1 556.1 1 556.1 1 417.1 +9.8%
Operating profit 201.8 149.4 150.1 -0.4%
Operating margin: 13.0% 9.6% 10.6% -
Profit before tax 190.2 166.4 +14.3%
Profit for the year from continuing
operations 109.0 93.7 16.3%
Profit/(loss) after tax from
discontinued operations -3.0 12.3 -
Net profit for the year 106.0 106.0 -
Group share of net profit 85.5 84.6 +1.1%
Net earnings per share 15.31 15.35 -


*Before exceptional items

In an environment marked by turmoil in the markets, Compagnie
Financière Tradition reported consolidated turnover of CHF 1,556.1
million (2007: CHF 1,417.1 million), up 9.8% on the year at current
exchange rates. At constant exchange rates turnover was up by 22.3%.

Consolidated operating profit was CHF 201.8 million before
exceptionals, bringing the operating margin to 13.0%. Exceptional
items consisted notably of charges in connection with amortisation,
provisions and other non-recurring charges. Operating profit
including exceptionals in 2008 was CHF 149.4 million (2007: CHF 150.1
million).

Financial income rose strongly to CHF 30.1 million (2007: CHF 3.5
million), and consisted mainly of a change in the fair value of a
derivative instrument in an amount of CHF 23.9 million.

The contribution of the net profits from associates was CHF 10.7
million against CHF 12.9 million in 2007.

Profit before tax rose 14.3% to CHF 190.2 million, from CHF 166.4
million in 2007.

Net profit for the year was CHF 106.0 million, unchanged from the
previous year. Minority interests stood at CHF 20.5 million, against
CHF 21.4 million in 2007.

Group share of net profit was CHF 85.5 million, up from CHF 84.6
million a year ago, bringing Compagnie Financière Tradition's
consolidated shareholders' equity to CHF 340.8 million at 31 December
2008, CHF 285.6 million of which was Group share.

At the Annual General Meeting to be held on 13 May 2009, the Board
will notably be seeking shareholder approval to pay a dividend of CHF
8.0 per share (2008: CHF 8.0).

Against a backdrop of the economic crisis in 2009, the development of
Compagnie Financière Tradition's activities is in line with 2008.


With a presence in 27 countries, Compagnie Financière Tradition is a
leading interdealer broker (IDB) in the international market. The
Group provides broking 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 is listed on the SWX Swiss Exchange
(CFT). Find out more about our Group at www.traditiongroup.com.

Lausanne, 19 March 2009

Contacts:

Compagnie Financière Tradition
Patrick Combes, President
Tel: +41 21 343 52 66

Rochat & Partners
Olivia Maillot
Tel.: +41 22 718 37 53



--- End of Message ---

Compagnie Financière Tradition
Langallerie 11 Lausanne
Switzerland

WKN: 870121; ISIN: CH0014345117; Index: SPI, SSCI, SPIEX;
Listed:
Main Market in SIX Swiss Exchange;
Copyright © Hugin AS 2009. All rights reserved.



 
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