Swatch Flymagic
Back to the revolution: Swatch Flymagic with paramagnetic Nivachron™ hairspring Swatch has chosen its new FLYMAGIC line to premiere the innovative paramagnetic Nivachron™ hairspring. In a typical Swatch move, FLYMAGIC turns the watch world upside down (once again!): the new balance spring, finely finished modules and skeletonized gear train all…
Latest news
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…
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…
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…
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