Swatch’s profit dipped more than 75 per cent while its sales decreased more than 12 per cent in FY24. The company’s net sales fell to CHF6.7 billion ($7.3 billion) for the year. Its operating profit ...

In a report released today, Carole Madjo from Barclays maintained a Sell rating on The Swatch Group (SWGAF – Research Report), with a price ...

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Boyd Group Services (BYDGF – Research ...

Watch group Swatch saw its sales decline by more than 12% and its profits by 75% in 2024.

The Swiss watchmaker Swatch Group experienced a severe downturn in fiscal year 2024, with net profit plummeting by approximately 75% to 219 million Swiss francs. This dramatic decline prompted the ...

Keen watchers of the global export figures for the Swiss watch industry might conclude that 2024 was a little more ...

LVMH is the new Global Partner for Formula 1, arguably the most valuable sporting franchise in the world. Advertising slots for the Superbowl may cost more per minute, but have a fraction of the ...

Stock slid after the company posted disappointing results driven by falling sales in its crucial market China, which accounts ...

In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Axfood added 6.5% and St. James's Place rose 6.1%. On the other hand, Deutsche Bank slipped 6.1%, and Swatch Group Bearer dropped 5.8%.

Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income dropped 75 percent to 219 million Swiss francs, or $242 million at current exchange ...

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Swatch Group's sales and profit fell during 2024, the Swiss watchmaker said on Thursday, as improvements in the United States ...