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

JPMorgan lowered the firm’s price target on Swatch Group (SWGAY) to CHF 125 from CHF 135 and keeps an Underweight rating on the shares.Invest ...

RBC Capital raised the firm’s price target on Swatch Group (SWGAY) to CHF 150 from CHF 140 and keeps an Underperform rating on the ...

ZURICH ― Shares in Swiss watchmaker Swatch slumped on Thursday after it reported lower-than-expected earnings on the back of weak sales in China.

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 ...

An expert guide to the best-selling watches of all-time and the number of units sold, from Rolex Submariner and Seiko 5 to Apple Watch.

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

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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%.

Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.