The Swatch Group AG (UHR.S)
24 May 2019
* EXEC SAYS DIFFICULT SITUATION IN FRANCE PERSISTS AS PROTESTS ARE ONGOING
ZURICH A downturn in Asia and France hit Swatch Group in the last three months of 2018, leading the Swiss watchmaker to post lower-than-expected results for the full year and sending its shares almost seven percent lower.
* "Solid growth" in January, expects positive 2019 (Adds analyst comment, updates shares, writes through)
ZURICH, Jan 31 Swatch Group said business slowed in the last three months of 2018 hit by a downturn in Asia and weak sales in France, leading it to post lower-than-expected results for the full year.
ZURICH Swiss watchmaker Swatch Group will ask shareholders to reduce the group's equity capital by cancelling stock that the company has repurchased, it said on Thursday.
ZURICH, Jan 24 Swiss watchmaker Swatch Group will ask shareholders to reduce the group's equity capital by cancelling stock that the company has repurchased, it said on Thursday.
ZURICH, Dec 18 Swatch Group will host an event for watch retailers from March 19 to 26 next year, just ahead of the Baselworld watch fair it recently dropped out of, according to an invitation seen by Reuters on Tuesday.