Archive
Swatch Group: Change in the Extended Group Management Board
Biel/Bienne, 1. February 2019 – Mr. Jean-Claude Eggen is released from the Extended Group Management Board by today. He keeps the function as responsible for the production business unit Swatch. Contacts Media Bastien Buss, Corporate Communications Phone: +41 32 343 68 11 The Swatch Group Ltd, Biel/Bienne (Switzerland) E-…
SWATCH GROUP: KEY FIGURES 2018
Group net sales increased by 6.1% to CHF 8 475 million at current exchange rates (+5.7% at constant rates). Operating result increased by 15.2% to CHF 1 154 million. Operating margin increased from 12.5% in the previous year to 13.6%. Net income increased by 14.8% to CHF 867 million, with a net margin of 10.2% (previous year:…
Closing of the actual share repurchase program
Swatch Group: Closing of the actual share repurchase program as of January 24, 2019 Biel/Bienne (Switzerland), Swatch Group has terminated the repurchase of own shares launched on February 5, 2016 and up to a maximum value of CHF 1 billion as of January 24, 2019. With this share repurchase program, Swatch Group repurchased over the second…
Celebrating 125 years of The OMEGA Name
A special tribute to history and the unveiling of two new creations With the invention of the revolutionary 19-ligne “OMEGA” Calibre in 1894, one of watchmaking’s most famous names was born. 125 years later, the company has proudly marked the anniversary with an intimate celebration event at its home in Bienne, Switzerland. The occasion was…
Jaquet-Droz pieces on display in a unique exhibition in Hong Kong
Jaquet-Droz pieces from the Forbidden City’s imperial collection on display in a unique exhibition in Hong Kong Until April 10, 2019, The Hong Kong Jockey Club Series: Treasures of Time exhibition is running at the Hong Kong Science Museum. On display there are Jaquet-Droz clocks and automatons on loan from the private collections of the…
Swatch PAY! Is coming to Switzerland
CONTACTLESS PAYMENT MADE EASIER THAN EVER A payment card on your wrist. SwatchPAY! makes contactless payment as simple and secure as can be – you’ll never have to reach into your pocket or bag for your wallet or phone again. Following its successful launch in China in the summer of 2017, the credit card watch is now available in Switzerland…