Half-year report 2007

Biel / Bienne (Switzerland), August 14, 2007 – Half-year report 2007: Swatch Group increases net income by almost 40%.

Excellent start into 2007, with highly promising outlook for the full year
Despite significant capacity bottlenecks, substantial rise of 16. % in gross sales to CHF 2.74 billion, and as much as 20.0% for Watches & Jewelry segment
Above-average increase of 27.1% in operating profit from CHF 402 million to CHF 511 million
Operating margin up from 18.0% to 19.6%
Overproportional rise of 39.4% in net income to CHF 460 million, reinforced by good financial result

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