Biel / Bienne (Switzerland), March 19, 2020 – The?2019 Annual Report?of The Swatch Group Ltd is now available.
Download here:?Swatch Group – Annual Report 2019
In order to reduce the number of hard printed copies of our annual report, thereby contributing to preserving the environment,?we encourage you to download the PDF version of the Swatch Group Annual Report. Requests for hard printed copies will be considered only in exceptional cases. For special requests of this kind, please use our?Contact Form.
Swatch Group: Decisions taken by the Swatch Group shareholders at the Ordinary General Meeting of Thursday, May 14, 2020 ? Biel/Bienne (Switzerland), May 14, 2020 – Due to the classification of the COVID-19 situation by the Swiss Federal Council as an "extraordinary situation" under the Epidemics Act and the ban of all events in Switzerland, the Ordinary…
Group net sales of CHF 8 243 million, -1.8% in comparison to the previous year at constant ex-change rates, or -2.7% at current rates.? Operating result of CHF 1 023 million, -11.4% to the previous year. Operating margin?amounted to 12.4% versus 13.6% in the previous year. Net income of CHF 748 million, -13.7% to the previous year, with a net margin of 9.…
Biel/Bienne (Switzerland), December 18, 2019 - The Competition Commission (COMCO) wants to prohibit Swatch Group or its subsidiary ETA from supplying mechanical movements to third parties in 2020. COMCO has always obligated ETA to supply its customers with movements and now it intends to prohibit it from doing so for the whole of 2020.? The provisional…