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. The group, which also owns the Tissot, Longines and ...
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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.
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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 ...
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Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income dropped 75 ...
Swatch Group AG profit fell sharply as the watch industry continues to struggle with weakness in Chinese consumer demand.