Archive
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 strongest…
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
Dividend proposal
In its today’s meeting, the Board of Directors of the Swatch Group decided to propose a dividend of CHF 6.00 per bearer share and CHF 1.20 per registered share at the Annual General Meeting on May 10, 2023 (previous year: CHF 5.50 per bearer share and CHF 1.10 per registered share).
Swatch Group: Key Figures 2022
Net sales of CHF 7 499 million, +4.6% to the previous year at constant exchange rates, or +2.5% at current rates. Sales growth of 25% in local currencies in all regions, with the exception of China, where Covid lockdowns resulted in sales shortfalls of over CHF 700 million. The MoonSwatch is a best seller, with over 1 000 000 watches sold. Ongoing…
Half-Year Report 2022
Net sales of CHF 3 612 million, +7.4% to the previous year at constant exchange rates, or +6.5% at current rates, despite sales losses of approximately CHF 400 million due to closures of warehouses and many retail stores in April and May in China. The phenomenal success of the MoonSwatch for the Swatch brand as well as Omega underscores the…