Swatch Group: Swatch Group sales at CHF 4248 million

Swatch Group sales at CHF 4248 million before changes in accounting treatment and before restatement of sales relating to Olympic Games, and CHF 4152 million after changes in accounting treatment and restatement.

• Sales in the prestige watch sector (top luxury brands without Omega) were up 28% year-on-year in constant exchange rates in 2004 and at 2004 exchange rates by over 25%

• Sales in the luxury segment including Omega were some 16% up on 2003 in constant exchange rates and over 13% higher at 2004 exchange rates

• Currency movements had negative impact on the Group of CHF 60 million, or 1.5%, with CHF 56 million of this sustained in the second half-year alone

• Group sales in 2004 were up 6.2% year-on-year in constant exchange rates and 4.7% at current exchange rates

• Market shares increased in all important markets and segments

• Positive rebound in production of watches, movements and components

• Dynamic outlook for sales in 2005

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Swatch Group: Swatch Group sales at CHF 4248 million