Swatch Group reported sharply lower results for 2024. The prolonged slowdown of the watchmaking <a target=_blank href= ...

ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China. The group, which also owns the Tissot, Longines and ...

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 ...

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 ...

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Zurich - Swiss watchmaker Swatch Group saw its profits and sales plummet in 2024 due to falling demand in China and a decline ...

The contraction in Swiss watch exports intensified in December with a decline of 5.4%, resulting in a total value of 2.0 billion Swiss francs ($2.21 billion), according to data from the Federation of ...

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PARIS — Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income ...

The watchmaker reported lower net sales for last year, as sales and market-share gains in the U.S., Japan, India and the ...