The Swatch Group AG (SWGNF)

OTCMKTS · Delayed Price · Currency is USD
34.93
0.00 (0.00%)
Nov 19, 2024, 3:00 PM EST
-31.51%
Market Cap 9.41B
Revenue (ttm) 8.14B
Net Income (ttm) 577.57M
Shares Out n/a
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open 34.93
Previous Close 34.93
Day's Range 34.93 - 34.93
52-Week Range 34.93 - 51.00
Beta 0.83
Analysts n/a
Price Target n/a
Earnings Date Mar 21, 2025

About The Swatch Group AG

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. The Electronic Systems segment engages in the design, production, and commercialization of electronic components, as well as sports timing activities. It is also involved in the provision of assembly, research and development, administration, polishing, l... [Read more]

Industry Luxury Goods
Founded 1983
Employees 33,602
Stock Exchange OTCMKTS
Ticker Symbol SWGNF
Full Company Profile

Financial Performance

In 2023, The Swatch Group AG's revenue was 7.89 billion, an increase of 5.19% compared to the previous year's 7.50 billion. Earnings were 869.00 million, an increase of 7.68%.

Financial numbers in CHF Financial Statements

News

Swatch Group: A Slowly Declining Market Share Of Swiss Watches

Headquartered in Switzerland, Swatch Group (SWGAY) primarily designs, manufactures and sells watches and jewelry. See why I rate the stock a hold.

4 weeks ago - Seeking Alpha

Swatch CEO Says No Take-Private Plans Underway as Shares Soar

Swatch Group AG Chief Executive Officer Nick Hayek said there are no plans underway to take the watchmaker private, although it’s something that “would be nice to do.”

2 months ago - BNN Bloomberg

The Swatch Group: A Luxury Leader At A Fraction Of Its Liquidation Value

The Swatch Group, a leading Swiss watch manufacturer, has seen its shares collapse by 70% since 2014 due to financial underperformance and unfriendly shareholder ownership. At the current price, this ...

3 months ago - Seeking Alpha

Swatch Group: Potentially Undervalued, With Encouraging Sales Performance Across Greater China

Swatch Group has continued to see strong sales growth, particularly across Greater China. The stock could have the capacity to rebound to the $16 mark, and potentially higher. I take a bullish view on...

8 months ago - Seeking Alpha

Swatch Group dashes dividend expectations, shares tick lower

Swatch Group on Tuesday missed profit forecasts for 2023 and proposed a much smaller than expected dividend increase - putting pressure on the world's biggest watchmaker's stock.

10 months ago - Reuters

The Swatch Group: Is It Time To Buy This Deep-Value Gem?

The Swatch Group is the largest Swiss watch manufacturer with a diverse portfolio of market-leading brands and a real manufacturing cost advantage. The company has a conservative fiscal management sty...

1 year ago - Seeking Alpha

The Swatch Group: Growth In China And U.S. Markets Supports Price Rise Probability

Swatch Group's stock price saw its biggest single day rise YTD on the release of its results in July. But the stock hasn't retained its momentum. It does, however, hold potential after the company rep...

1 year ago - Seeking Alpha

5 Lesser Known Parent Companies Of Big Luxury Brands

Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about ...

1 year ago - Investopedia

The Swatch Group: Moderated China Expectations, But Growth Still Likely

The Swatch Group's stock price has declined by 18.3% since February, despite no significant price-moving numbers being released. The company is optimistic about 2023, however, expecting strong sales g...

1 year ago - Seeking Alpha

The Swatch Group: Undervalued Despite Issues

Swatch Group's high-quality business model and impressive margins make it an attractive investment despite stagnating sales due to increased competition. The luxury watch industry experienced a boom p...

1 year ago - Seeking Alpha

Luxury goods stocks tumble as Deutsche Bank says they're no longer a slam dunk. Blame the U.S.

The world's richest man might want to listen to what Deutsche Bank had to say about luxury goods profits on Tuesday: the U.S. consumer is turning into a problem.

1 year ago - Market Watch

The Swatch Group: Improving Margins, Optimistic Outlook

The Swatch Group has performed better in 2023 so far compared to most other luxury companies. I think it could do even better. Its operating margins have improved in 2022, and it appears optimistic ab...

1 year ago - Seeking Alpha

Swatch Group positive about Chinese market recovery in 2023

Swatch Group is positive about China market recovery from the COVID-19 fallout and the return of Chinese tourists abroad, the Swiss watchmaker said on Tuesday after it reported a 2.5% increase in its ...

1 year ago - Reuters

Swatch CEO Surprised by Success of the MoonSwatch

Swatch Group AG Chief Executive Officer Nick Hayek talks about the surprise success of the MoonSwatch, his outlook for 2023 and why there's no need to regulate the $20 billion market for second-hand l...

2 years ago - Bloomberg Markets and Finance

Swatch Group sticks to outlook as H1 sales, profit advance

ZURICH (Reuters) -Swatch Group stuck to its forecast that sales would rise at a double-digit rate this year after reporting on Thursday increasing first-half profit and sales, helped by the success of...

2 years ago - Reuters

Swatch Group sees no big business impact from Russia crisis

Swiss watchmaker Swatch Group does not expect a material negative impact on its sales or regarding access to raw materials following Russia's invasion of Ukraine, its Chief Executive said on Thursday.

2 years ago - Reuters

Swatch Group returns to profit, sees strong sales ahead

ZURICH (Reuters) -Swiss watchmaker Swatch Group said it expected double-digit sales growth in local currencies this year after sales and profits recovered in 2021.

3 years ago - Reuters

Why It Might Be Time to Invest in Swatch

Swatch is enjoying a resurgence in demand—and because it controls its supply chains, it can deliver what customers want and gain more momentum.

3 years ago - Barrons

Luxury Stocks Tumble as China Targets the Super Rich

Luxury goods stocks tumbled on Thursday as investors became increasingly concerned by developments in China, the sector's largest market.

3 years ago - Barrons

Swatch Group reports improving sales during first half of 2021 -AWP

Swatch Group reported sales of 3.39 billion Swiss francs ($3.70 billion) during the first six months of 2021, Swiss news agency AWP reported on Monday, up from 2.19 billion francs the company posted a...

3 years ago - Reuters

The Swatch Group: Shifting Into A Higher Gear In The Post-COVID World

The Swatch Group finished off a very weak 2020. It was able to keep the damage limited: The small net loss was caused by a high tax bill while the cash flow statements indicate a small positive free c...

3 years ago - Seeking Alpha

Swatch Group sees catch-up effect on sales in Asia, U.S.

Consumers are willing to splash out on watches in markets where shops are open, in Asia and also the United States, Swatch Group Chief Executive Nick Hayek told an online media briefing on the watchma...

4 years ago - Reuters

Vortic Watch Company Wins Landmark Lawsuit Against Swatch Group Brand, Hamilton

FORT COLLINS, Colo., Sept. 14, 2020 /PRNewswire/ -- Vortic Watch Company announces victory in a trademark case filed against the company by Hamilton Watch International, a Swatch Group brand.

4 years ago - PRNewsWire

Swatch Group free to supply watch movements, says Swiss watchdog

Swatch Group will be free to supply mechanical watch movements wherever it wants, but won't be allowed to abuse its dominant market position by undercutting rivals' prices, Swiss competition watchdog ...

4 years ago - Reuters

Swatch Vows To Be Profitable By Year-End After First Ever Loss. How?

The giant Swiss watchmaker has cut its workforce by 2,400 as part of a turnaround plan to ensure a speedy rebound.

4 years ago - Forbes