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Swatch Group confident that 2005 sales will continue to grow

The Federation of the Swiss Watch Industry FH informs today in its statistics of March 2005 that watch exportations decreased by 5.6% and that the number of units (finished watches) dropped by 35% compared to 2004.

The Swatch Group shows no decline in March 2005, except for Swatch. The brand launched new models in March 2004 and changed, this year, its launching rhythm for its collections. A launch always generates a perceptible sales increase. Despite the temporary effect of the Swatch watch brand, Swatch Group continues to gain considerable market shares.

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Swatch Group confident that 2005 sales will continue to grow