Swatch Group acquires dial producer MOM Le Prélet SA
Mr. Olivier Schwab, current main shareholder and General Manager will continue to head operations of the new Swatch Group company which employs some 125 persons, thus ensuring the supply to all its present clients within and outside the Swatch Group.
Béatrice Howald, Head of Media Relations, Spokesperson
The Swatch Group Ltd.
Seevorstadt 6, 2501 Biel/Bienne
Tel +41 32 343 68 33, Fax +41 32 343 69 22
Biel / Bienne (Switzerland), March 14, 2019 – The 2018 Annual Report of The Swatch Group Ltd is now available. Download here: Swatch Group – Annual Report 2018 Contacts Media Bastien Buss, Corporate Communications Phone: +41 32 343 68 11 The Swatch Group Ltd, Biel/Bienne (Switzerland) E-mail: please use our «Contact Form» Investors Felix Knecht,…
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 Communications Phone: +41 32 343 68 11 The Swatch Group Ltd, Biel/Bienne (Switzerland) E-mail: please use our «…
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 increased by 14.8% to CHF 867 million, with a net margin of 10.2% (previous year: 9.5%). Dividend proposal:…