Ordinary General Meeting of Shareholders
The Ordinary General Meeting of Shareholders has been held virtually in accordance with article 12 ff. of the Articles of Association on Wednesday, May 8, 2024. The shareholders approved, by a large majority, all proposals submitted by the Board of Directors, including the election of Mr. Marc A. Hayek as a new member of the Board of Directors.
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Half-Year Report 2025
Net sales of CHF 3 059 million, -7.1% against the previous year at constant exchange rates and on a comparable basis1) (-10.4% at current rates). Negative currency impact of CHF -113 million. Operating profit of CHF 68 million (previous year: CHF 204 million). Operating margin of 2.2% (previous year: 5.9%). Net income of CHF 17 million (…
Apprenticeship graduation
Congratulations to our apprentices for their successful apprenticeship graduation! The companies and brands of the Swatch Group Blancpain, CHH Microtechnique, Comadur, Dress your body, EM Microelectronic-Marin, ETA, Glashütte Original, Longines, Manufacture Ruedin, Montres Breguet, Nicolas G. Hayek Watchmaking School Pforzheim, Nivarox-FAR, Omega…
Message from the Chair
Message of Nayla Hayek, Chair of the Swatch Group Board of Directors, on the occasion of the Annual General Meeting of May 21, 2025, in Biel (BE), Switzerland. The original spoken text (in German) is valid. Sehr geehrte Damen und HerrenLiebe Mitaktionärinnen und Mitaktionäre Sie haben ja sicherlich alle unseren Jahresbericht mit meinem Geleitwort…