$type=slider$au=0$cm=0$snip=0$rm=0$c=5$l=0$sp=6000

Swatch Group: Key Figures for Financial Year 2015

The Swatch Group has published the key figures for financial year 2015 with net sales of Swiss Francs 8,451 million for the Group, 0.9% lower than the previous year at constant exchange rates and 3.0% lower than the previous year at current exchange rates. Calculated in euros, the Group grew 10.3%.

The operating profit was Swiss Francs 1,451 million, equivalent to an operating margin of 17.2%. Mainly due to additional currency shifts also in the second half of the year, operating margin was about 17% lower in comparison to the previous year.

Net income was Swiss Francs 1,119 million, 21.0% below the previous year, due to the strong negative impact of foreign exchange losses and the negative development of interest rates.


The outlook for 2016 is positive. The Group Management expects, despite the ongoing challenging environment in various regions, a sustainable development in sales in local currency in 2016, based on worldwide ongoing very good consumption demand for Swiss watches.

The number of patent applications increased again in the year under review, not only in the area of electronic smart and mobile device products, but also primarily for watches and watch movements. Not only new products, but also all current brand models which benefit from ongoing demand, will contribute to a good year in 2016.

In particular, the new METAS certified antimagnetic Omega Co-Axial Globemaster collection, as well as various Swatch watches such as the Swatch Bellamy, launched in China, with its contactless payment function, are expected to generate positive sales in China and other regions.

January 2016 confirms that particularly in mainland China, watch consumption rose strongly compared to the previous year, reason why, the Swatch Group expects growth of well over 5% in 2016 in local currency.

Despite the bad currency situation, Swatch Group continues its long-term strategy of increasing prices only very defensively to insure volume growth.

COMMENTS

[RECENT]$type=two$height=auto$cols=2$l=hide$c=6$sn=no$d=0$cm=0$a=0$rm=0$show=page

[LADIES WATCHES]$type=complex$cols=2$l=0$c=4$d=0$cm=0$a=0$snippet=show$hide=page

[DIVING WATCHES]$type=carousel$cols=2$l=hide$c=4$s=0$d=0$cm=0$a=0$rm=0$hide=page

Name

A. Lange & Sohne,47,AkriviA,6,alarm,3,Alpina,7,Andersmann,1,Andreas Strehler,4,Angelus,3,annual calendar,22,Anonimo,2,Antoine Martin,2,Antoine Preziuso,1,Apple,1,Apple Watch,1,Aquadive,1,Armin Strom,21,Arnold and Son,18,Astarwatch,1,Ateliers deMonaco,2,Auctions,42,Audemars Piguet,22,Autodromo,1,BaselWorld 2013,50,BaselWorld 2014,53,Baselworld 2015,69,Baselworld 2016,27,Baselworld 2017,64,Baume et Mercier,15,Bell & Ross,13,Bernard Lederer Universe,1,Blancpain,21,BLU,1,Bovet,3,Breguet,37,Breitling,31,Bremont Watch Company,3,Breva,2,bronze,2,Bücherei,1,Bulgari,22,Burberry,1,C3H5N3O9,1,carillon,1,Carl F. Bucherer,2,Carrera,4,Cartier,33,ceramic,1,Chaumet,2,chiming hour,2,Chopard,18,Christie's,1,Christophe Claret,5,Christopher Ward,3,chronograph,253,chronometer,19,Chronoswiss,3,Citizen,2,co-axial,1,column-wheel,7,complete calendar,2,complications,52,concept watch,4,Concord,1,constant-force,21,Corum,11,CSEM,1,Czapek,1,Daytona,1,De Bethune,11,de Grisogono,2,dead seconds,13,detent escapement,2,DeWitt,7,diving watches,105,double regulator,1,drei,1,dress watches,178,dual time,63,Eberhard,9,Edox,1,El Primero,13,Emile Chouriet,1,Emmanuel Bouchet,1,enamel dial,3,enamelling,13,Equation of time,5,Eterna,17,exhibitions,1,F.P.Journe,14,Faberge,2,Favre-Leuba,1,features,17,Ferdinand Berthoud,1,flyback,28,Fondation de la Haute Horlogerie,1,Fortis,3,Franck Muller,5,Frederique Constant,5,Geneva Watchmaking Grand Prix,6,Georg Jensen,1,George Daniels,1,Girard-Perregaux,34,Glashuette,13,Glashütte,24,Glashütte Original,26,Glycine,2,GMT,46,GPHG,1,Graham,5,Grand Feu,1,Grand Prix d’Horlogerie de Geneve,6,Grand Seiko,5,Grande Complication,16,Grande Sonnerie,2,Greubel Forsey,16,Gronefeld,5,Grönefeld,5,Grossmann,3,guilloché,1,H. Moser and Cie,17,Habring,4,Habring2,5,Hajime Asaoka,1,Hallmark of Geneva,1,Hamilton,9,hands-on,4,Harry Winston,8,Hautlence,2,Hermes,9,high jewellery,1,Hublot,9,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,11,independent watchmaker,3,industry news,70,IWC,53,Jaeger-LeCoultre,64,Jaquet Droz,12,JeanRichard,3,jumping hours,16,Junghans,4,Kaj Korpela,1,Kari Voutilainen,4,Korpela,1,Ladies watches,64,Lang & Heyne,1,Lange,4,large date,1,Laurent Ferrier,10,Le Garde Temps,1,Lemania,1,Leroy,3,Linde Werdelin,1,Longines,26,Louis Moinet,4,LVMH,1,Maîtres du Temps,1,Manufacture Contemporaine du Temps,3,Manufacture Royale,3,marine chronometer,1,Maurice de Mauriac,1,Maurice Lacroix,5,MB&F,19,MCT,1,MeisterSinger,18,metiers d'art,1,mido,1,military watches,6,Minute Repeater,31,Montblanc,34,moon phases,57,Moritz Grossmann,14,Moser,17,Muhle,3,Mühle-Glashütte,3,mystery watches,2,Nautilus,2,New Britain Corp,1,new watches,1314,Nomos,12,Ochs und Junior,3,Officine Panerai,41,Omega,41,Only Watch,2,Only Watch 2015,4,Only Watch 2017,2,Oris,20,Panerai,14,Parmigiani Fleurier,13,Pascal Coyon,1,Patek,1,Patek Philippe,48,perpetual calendar,57,Perrelet,4,Philippe Dufour,1,Phillips,1,Piaget,14,Pierre DeRoche,1,pilot watch,45,platinum,1,pocket watch,1,pocket watches,2,Poincon de Geneve,1,Porsche Design,10,Pre-SIHH 2016: Cartier - Clé de Cartier Automatic Skeleton,1,pulsometer,4,quartz,2,Rado,3,Ralf Tech,2,Ralph Lauren,2,rattrapante,13,Raul Pages,1,Raymond Weil,1,rectangular watches,1,regulator,10,remontoire,2,resonance,2,Ressence,4,retrograde,2,Revelation,1,Reverso,12,Richard Mille,33,Richmond,1,Roger Dubuis,10,Roger Smith,1,Roger W. Smith,1,Rolex,23,Romain Gauthier,5,Romain Jerome,1,Royal Oak,12,Rudis Sylva,1,Seiko,8,SevenFriday,2,SIHH 2012,4,SIHH 2013,25,SIHH 2014,36,SIHH 2015,43,SIHH 2016,44,SIHH 2017,40,SIHH 2018,1,Singer,1,Singer Reimagined,1,single hand,1,single-hand watches,3,Sinn,6,skeleton,11,smartwatch,6,solar energy,1,Sotheby's,1,Speake-Marin,3,Speedmaster,8,split seconds,4,sport watches,280,squelette,32,steampunk,1,striking time,8,SuisseMecanica,1,Swatch,2,Swatch Group,3,table clocks,1,Tag Heuer,49,terra Cielo Mare,1,Tiffany,9,top news,20,Torsti Laine,1,tourbillon,172,Tudor,8,ultra thin,21,Ulysse Nardin,21,Union Glashutte,1,Urban Jurgensen,10,Urwerk,10,Vacheron Constantin,55,Van Cleef & Arpels,5,Vauchier Fleurier,1,Vianney Halter,3,Vulcain,9,wandering hours,1,Watches & Wonders,14,Watches&Wonders,1,worldtime,22,Zenith,34,Zodiac,1,
ltr
item
Time and Watches: Swatch Group: Key Figures for Financial Year 2015
Swatch Group: Key Figures for Financial Year 2015
Swatch Group: Key Figures for Financial Year 2015. The Swatch Group has published the key figures for financial year 2015 with net sales of Swiss Francs 8,451 million for the Group, 0.9% lower than the previous year at constant exchange rates and 3.0% lower than the previous year at current exchange rates. The outlook for 2016 is positive.
https://4.bp.blogspot.com/-rcKQxB8NuKI/VtSGbQbM9eI/AAAAAAAARfA/Loqx-wmKJ90/s640/Swatch-Group.jpg
https://4.bp.blogspot.com/-rcKQxB8NuKI/VtSGbQbM9eI/AAAAAAAARfA/Loqx-wmKJ90/s72-c/Swatch-Group.jpg
Time and Watches
http://www.timeandwatches.com/2016/02/swatch-group-key-figures-for-financial.html
http://www.timeandwatches.com/
http://www.timeandwatches.com/
http://www.timeandwatches.com/2016/02/swatch-group-key-figures-for-financial.html
true
7479538179671063502
UTF-8
Loaded All Posts Not found any posts VIEW ALL Read more Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy