The Swatch Group published today its half-year 2018 report, a very positive one with continued strong growth in all regions, led by Asia and America, and further expansion of market share.
The group net sales increased by 14.7% to CHF 4,266 million at current exchange rates, or by 12.6% at constant rates.
Operating result increased 69.5% to CHF 629 million. Operating margin improved from 10.0% in the previous year to 14.7%.
Net income increased by 66.5% to CHF 468 million, with a net margin of 11.0%, compared to the previous year with 7.6%.
The group predicts further growth in the second half of 2018. swatchgroup.com