SWX:CFTCapital Markets
Compagnie Financière Tradition (SWX:CFT) Stock Gains Support From Stronger Margins
Compagnie Financière Tradition walked into this earnings day with a muted share price, down about 6% over the past month, yet the stock closed at CHF283.5 after traders digested fresh H1 numbers. The reaction looks modest compared with the core story. Revenue reached CHF592.454m and basic earnings per share came in at CHF10.43, which continues the long running earnings growth narrative for this interdealer broker.
The key point for investors is margin strength. Trailing net profit margin now...