Archive
Half-Year Report 2024
Net sales of CHF 3 445 million, -14.3% against the previous year at current exchange rates (-10.7% at constant rates). Negative currency impact of CHF -145 million. Operating profit of CHF 204 million (previous year: CHF 686 million). Operating margin of 5.9% (previous year: 17.1%). Net income of CHF 147 million (previous year:…
Annual Report
The 2023 Annual Report of The Swatch Group Ltd is now available on our website.Download here: Swatch Group 2023 Annual Report Concurrently, Swatch Group is also publishing its 2023 Sustainability Report according to GRI standards.Download here: Swatch Group 2023 Sustainability Report
Swatch Group: Key Figures 2023
Net sales up by 12.6% at constant exchange rates, or 5.2% at current rates to CHF 7 888 million. Sales growth of over 8% in the fourth quarter in local currencies. Despite huge exchange rate impacts, the Watches & Jewelry segment (including Production) achieved the same strong operating margin of 17.2%. Operating profit of CHF 1 191…
Half-Year Report 2023
Net sales of CHF 4 019 million, +18.0% to the previous year at constant exchange rates (+11.3% at current rates), despite a massive negative currency impact of CHF -242 million. Net sales exceeded the previous record half-year 2018 by +8.5%, at constant exchange rates. Double-digit growth in all watch and jewelry price segments, with…
Ordinary General Meeting of Shareholders
The Ordinary General Meeting of Shareholders will be held in accordance with article 12 ff. of the Articles of Association on Wednesday, May 10, 2023 at 10:00 a.m. (CEST), virtually, without physical presence of the shareholders. The Board of Directors has decided to hold the General Meeting with no venue and by electronic means in accordance…
Annual Report and Sustainability Report
The 2022 Annual Report of The Swatch Group Ltd is now available on our website. Download here: Swatch Group 2022 Annual Report Concurrently, Swatch Group is also publishing its 2022 Sustainability Report according to GRI standards. Download here: Swatch Group 2022 Sustainability Report