Annual Report 2017

Annual Report 2017
default swatchgroup image

For immediate release

Biel / Bienne (Switzerland), March 14, 2018 – The 2017 Annual Report of The Swatch Group Ltd is now available.

 

Swatch Group – Annual Report 2017 

Related news

Swatch Group controls its entire gold processing chain internally

Swatch Group controls its entire gold processing chain internally

Swatch Group now controls the entire gold processing chain internally. Its own foundry, which has just been granted a Responsible Jewellery Council (RJC) Code of Practices (COP) certificate, is now able to manage all of the gold requirements within the Group. Swatch Group has thus taken a new step forward in traceability. Nivarox, a subsidiary of Swatch…

Change in the Extended Group Management Board

Change in the Extended Group Management Board

Mr. Thomas Meier has been a representative of Glashütte Original within the Extended Group Management Board. With the transfer of the management of Glashütte Original now completed, Mr. Meier will step down from the Extended Group Management Board as well. Mr. Meier will return to Swatch Group Switzerland at the end of August, where he will carry out…

Half-Year Report 2018

Half-Year Report 2018

Record half-year sales in the history of the Swatch Group. Group net sales increased by 14.7% to CHF 4 266 million at current exchange rates, respectively by 12.6% at constant rates. Operating result increases 69.5% to CHF 629 million. Operating margin improved from 10.0% in the previous year to 14.7%. Net income increases by 66.5% to CHF 468 million,…