Biel / Bienne (Switzerland), 21 July 2017 - Half-Year Report 2017 Group net sales, +1.2% at constant exchange rates, of CHF 3 759 million, or CHF 3 705 million, -0.3% at current exchange rates. Sales growth of +2.9% at constant rates in the Watches & Jewelry segment (excluding Production). Sales for the whole segment, including Production +1.2%, adversely affected by low Production sales to third parties. Operating margin in the Watches & Jewelry segment (excluding Production) increases by almost 25%, from 10.7% to 13.2%, despite negative currency impact. The Watches & Jewelry segment, including Production, achieved an operating margin of 11.8%...
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