![Swatch Group Headquarters](/sites/default/files/paragraphs/2cols_imgtxt/2024-07/720-720-sistem51.jpg)
Half-Year Report 2024
Group net sales for the first half of 2024 were 10.7% below the previous year, at constant exchange rates. The negative currency
impact amounted to -3.6%, or CHF -145 million.
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The Swatch Group
Swatch Group is an international group active in the design, manufacture and sale of finished watches, jewelry, watch movements and components.
Swatch Group supplies nearly all components required by its 17 watch brands, and Swatch Group companies supply movements and components to third-party watchmakers in Switzerland and around the world. Please be sure to visit our brands' websites to learn more about their fantastic products.
Swatch Group is also a key player in the manufacture and sale of electronic systems used in watchmaking and other industries.
Swatch Group employs more than 33'500 persons in over 50 countries. Net sales in 2023 amounted to 7.888 billion Swiss francs.
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