Half-Year Report 2018
(WorldNews Switzerland)

Biel / Bienne (Switzerland), 18 July 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, with a net margin of 11.0%, compared to the previous year with 7.6%. Growth in all regions, led by Asia and America. Massive gains in market share in all price segments and regions. Strong product demand by its own brands has already created bottlenecks in certain...