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Swatch Group BIOCERAMIC SCUBA FIFTY FATHOMS

Swatch is celebrating another Swiss watchmaking icon, Blancpain’s Fifty Fathoms. This watch was born exactly seventy years ago and revolutionized watchmaking by becoming the first true diver’s watch.
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Swatch Group: Key Figures 2023

Net sales up by 12.6% at constant exchange rates, or 5.2% at current rates to CHF 7 888 million. Sales growth of over 8% in the fourth quarter in local currencies.
Despite huge exchange rate impacts, the Watches & Jewelry segment (including Production) achieved the same strong operating margin of 17.2%.
Net income up by 8.1% to CHF 890 million (previous year: CHF 823 million). Net margin of 11.3% (previous year: 11.0%).

The Swatch Group

Swatch Group is an international group active in the design, manufacture and sale of finished watches, jewelry, watch movements and components.

Swatch Group supplies nearly all components required by its 17 watch brands, and Swatch Group companies supply movements and components to third-party watchmakers in Switzerland and around the world. Please be sure to visit our brands' websites to learn more about their fantastic products.

Swatch Group is also a key player in the manufacture and sale of electronic systems used in watchmaking and other industries.

Swatch Group employs more than 33'500 persons in over 50 countries. Net sales in 2023 amounted to 7.888 billion Swiss francs.

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Date
24.02.2024
Last price (UHR)
CHF 209.20
Last price (UHRN)
CHF 40.75

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Financial information of Swatch Group.