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Swatch Flymagic

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…

Swatch Group: Change in the Extended Group Management Board

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

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…

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