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Swatch Group AG

UHR.S

Latest Trade

288.00CHF

Change

-3.70(-1.27%)

Volume

59,815

Today's Range

288.00

 - 

298.00

52 Week Range

237.10

 - 

333.90

As of on the SIX Swiss Exchange ∙ Minimum 15 minute delay

Latest Developments

Swatch Group AG Posts H1 Net Income Of CHF 270 Mln

July 12 (Reuters) - Swatch Group AG <UHR.S>::H1 NET SALES OF CHF 3,392 MILLION.HY NET INCOME OF CHF 270 MILLION COMPARED WITH NET LOSS OF CHF 308 MILLION IN PREVIOUS YEAR.H1 OPERATING CASH FLOW OF CHF 519 MILLION, 38.0% HIGHER THAN 2019.ANTICIPATES FURTHER STRONG GROWTH IN LOCAL CURRENCIES IN SECOND HALF OF YEAR YEAR, WITH SALES ABOVE 2019 LEVELS.H1 FREE CASH FLOW OF CHF 380 MILLION, DOUBLED COMPARED TO 2019.

Swatch Group CEO says no plans for share buyback programme

March 18 (Reuters) - Swatch Group AG <UHR.S>::SWATCH GROUP CEO SAYS EUROPE, SWITZERLAND HITTING BUSINESS; AS LONG AS THERE'S LOCKDOWNS AND NO TOURISTS IT'LL BE MORE DIFFICULT TO HIT 2019 NUMBERS.SWATCH GROUP EXEC SAYS EXPECTS TO SEE 15% INCREASE IN SALES IN THE U.S. IN Q1 VERSUS Q1 2019.SWATCH GROUP CEO SAYS WE WANT TO GET AS CLOSE AS POSSIBLE TO 2019 THIS YEAR, WE DON'T KNOW IF THAT WILL WORK.SWATCH GROUP CEO SAYS GROUP CAN SPEND CASH ON BETTER THINGS THAN A SHARE BUYBACK PROGRAMME.Further company coverage: UHR.S. (Reporting by Silke Koltrowitz). ((silke.koltrowitz@thomsonreuters.com;)).

Calvin Klein And Swatch Group Agree To End Licensing Agreement

Oct 22 (Reuters) - Calvin Klein Inc::CALVIN KLEIN, INC. AND SWATCH GROUP AGREE TO END LICENSING AGREEMENT.CALVIN KLEIN SAYS IS CURRENTLY EVALUATING BEST POSSIBLE PARTNER FOR FUTURE AND WILL ANNOUNCE ITS PARTNER IN DUE COURSE.CALVIN KLEIN- AGREES TO END AGREEMENT WITH SWATCH AS PARTNERS BELIEVE THEY HAVE BEEN UNABLE TO ACHIEVE MAXIMUM POTENTIAL IN KEY MARKETS.CALVIN KLEIN SAYS "THE GROWTH OPPORTUNITY WE SEE" FOR WATCH AND JEWELRY CATEGORY "HAS NOT BEEN OPTIMIZED WITH CURRENT LICENSEE, SWATCH GROUP".

Swatch Announces Expiration of Licensing Agreement With Calvin Klein

Oct 22 (Reuters) - Swatch Group AG <UHR.S>::SWATCH GROUP AND CALVIN KLEIN: EXPIRATION OF LICENSING AGREEMENT.

Richemont Sees Alibaba JV Operational At End Of September

Sept 11 (Reuters) - CFR <CFR.S> chairman at AGM::BREXIT, GEOPOLITICAL TENSIONS HAVE POTENTIAL TO SIGNIFICANTLY HARM OUR INDUSTRY.WATCH BRANDS NOW IN BETTER POSITION THAN MANY COMPETITORS THANKS TO STOCK BUYBACKS.EXPECTS JOINT VENTURE WITH ALIBABA TO BECOME OPERATIONAL AT END OF THIS MONTH.GROUP'S STRONG BALANCE SHEET AND STAFF WILL HELP "TO SEE US THROUGH THESE UNEASY TIMES AND ACHIEVE OUR LONG-TERM AMBITIONS".

Swatch Group Names Additional Members To Executive Board

July 17 (Reuters) - Swatch Group AG <UHR.S>::SWATCH GROUP: ADDITIONAL MEMBERS NAMED TO EXECUTIVE GROUP MANAGEMENT BOARD AND TO EXTENDED GROUP MANAGEMENT BOARD.PETER STEIGER, CHIEF CONTROLLING OFFICER (CCO) AND ALREADY MEMBER OF EXTENDED GROUP MANAGEMENT BOARD, HAS BEEN APPOINTED MEMBER OF EXECUTIVE GROUP MANAGEMENT BOARD.MIREILLE KOENIG, CO-CHIEF LEGAL OFFICER (CLO).DANIEL EVERTS, CO-CHIEF LEGAL OFFICER (CLO).MIREILLE KOENIG, DANIEL EVERTS, ROGER JUILLET, LIONEL A MARCA, HAVE BEEN APPOINTED MEMBERS TO EXTENDED GROUP MANAGEMENT BOARD.APPOINTMENTS ARE EFFECTIVE AS OF AUGUST 1, 2019.

Swatch Group Ceo Sees Improvement Of Production Bottlenecks At The End Of H1

March 14 (Reuters) - The Swatch Group AG <UHR.S>::CEO SEES HEALTHY GROWTH IN CHINA FOR ALL BRANDS.EXEC SAYS DIFFICULT SITUATION IN FRANCE PERSISTS AS PROTESTS ARE ONGOING.CEO SAYS HE HAS SEEN GOOD DEVELOPMENT IN SWITZERLAND, GERMANY, UK, POLAND SINCE THE BEGINNING OF THE YEAR.CEO SAYS CAR BATTERY PROJECT IS TAKING LONGER THAN INITIALLY PLANNED, BUT STILL WORKING TO GET A PRODUCT THAT IS BETTER THAN INDUSTRY STANDARD.SWATCH GROUP CEO SAYS HE EXPECTS TO SEE IMPROVEMENT OF PRODUCTION BOTTLENECKS AT THE END OF H1.

MCH Group Confirms Termination Of Contract For Participation In Baselworld 2019 By Swatch Group

July 31 (Reuters) - MCH Group AG <MCHN.S>::CONFIRMS TERMINATION OF CONTRACT FOR PARTICIPATION IN BASELWORLD 2019 BY SWATCH GROUP.NEVERTHELESS THIS DEVELOPMENT DOES NOT JEOPARDISE BASELWORLD 2019.

Swatch Group CEO says strong sales acceleration continued into March

March 14 (Reuters) - The Swatch Group Ag CEO <UHR.S>::SAYS STRONG ACCELERATION OF SALES CONTINUED IN JAN, FEB AND MARCH‍​.SWATCH GROUP CEO SAYS NO REASON POSITIVE SALES TRENDS SHOULD NOT PERSIST THROUGH 2018, MOOD IS GOOD.

Swatch CEO targets 7-9 pct growth this year

Swatch Group <UHR.S> : Swatch group senior executive says hopes to see double-digit growth this year at high-end brands . Swatch group ceo says very good growth numbers in china over the last months, middle east also picking up . Swatch group ceo says target 7-9 percent growth this year . Swatch group ceo says no need to adapt company strategy . Swatch group ceo says harry winston is generating double-digit growth . Swatch group ceo says harry winston can generate 1 billion sfr in sales at some point, not there yet . Swatch group ceo says no need to do acquistion, can grow organically . Swatch group cfo says no plans to decrease investment this year . Swatch group ceo says continues to invest in retail as before, will likely open 100-120 stores this year . Swatch group ceo says not a goal to have 50% of group turnover in own retail network . Swatch group ceo says wants to develop operating system for "all small connected objects" Further company coverage: [UHR.S] (Reporting By Michael Shields) ((Michael.Shields@thomsonreuters.com;)).

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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