Ut fra deres
egen rapport virker dette relativt udramatisk.
Highlights 1st half 2015
Net sales- CHF 3 716 million vs CHF 4 192 million 1st halv 2015 , a decrease of 11.4%,
• Swatch Group recorded a decrease of 11.3% at current exchange rates.
• Double-digit growth in retail sales in Mainland China and Southeast Asia.
• Hong Kong: retail sales downturn has bottomed out, wholesale remains difficult.
• Operating result of CHF 353 million, 53.6% below the first half of the previous year,
due to additional currency shifts, lower production utilization and the long-term industrial strategy of continued investment in the employees, new products and marketing. The operating margin reached 9.5%.
• Net income of CHF 263 million, 52.0% below the first half 2015. Net margin was 7.1%.
• Clear improvement in Mainland China. The first three weeks of July show a very positive development compared to last year, especially in the Luxury and Prestige segment, very strong for Breguet, Blancpain, Glashütte Original, Omega and Longines.
• Overall clearly a stronger second half-year will be expected.